VRC Charts/TA, page-109

Hahaha… yes that would fit, wouldn’t it… anything is possible these days.

But don't forget about the other uses of graphite! Leaving aside the global EV markets, other industries also require this mineral. The demand for the natural variant remains.

As far as the price of raw materials is concerned...well, with the currently dominant "Chinese" form, companies such as Geely or BYD have made up a lot of ground, have been able to expand to other continents and correspondingly reduced the price with scaling, but the USA and Europe have taken a stand and will their market shares cannot be disputed so easily.
There is no sign of a long-term decline in EV sales worldwide and how companies or their suppliers can generally lower production costs in order to produce more affordable cars for the target group (apart from the whole power backup thing) can be seen well at ZG