what a bargain!!, page-269

Hey Ego, how much LCE is required to build 1 billion cars? Crunch those numbers and ask yourself if you think it's reasonable that at least half the fleet of global vehicles in 20 or 30 years' time will be EVs...?
Regardless of exactly when you (or Mac bank or other so-called experts) think the tipping point will be - 2 years away, 5 years away - and resulting demand profile... it doesn't make much difference. That kind of LCE requires more than your "massive oversupply" total above (per year for the next 20 years!).
Let's start with a basic question (and I'm genuinely not trying to be patronising): In 20 years time, what's your rough feel/guestimate/expectation of the proportion of the global car fleet that will be electric?
Let's work through a basic thought process together; it'll be fun