My only concern is the potential downsizing of EV manufacturers....

My only concern is the potential downsizing of EV manufacturers. EV batteries are the biggest consumers of lithium. If the macro conditions get worse and demand on EVs go down, because people can't afford them, then EV manufacturers will have to downsize. I realise most EV manufacturers are too big to fail but lithium explorers will be the worst hit in the short to medium time horizon.
I am just hoping that XTC can keep it together for a few years until the next cycle.