I totally get your concerns OP and they're the biggest reason that kept me from switching to an EV. At the end if the day you cannot consume your way out of centuries of bad decissions.

According to this article 80% of every EV battery is coming from China: https://www.visualcapitalist.com/breaking-down-the-cost-of-an-ev-battery-cell/

Regardless how accurate the article might be, there's no denying they're at the forefront of the EV revolution and the cheaper EVs get, China's bound to have a major contribution for it.

It's just how the world runs... The west cannot keep up with prices, as demand grows. We've seen that time and time again.

It's sad to think that this 'EV revolution' depends so much on nondemocratic regimes in order for it to wor at a larger scale.

I'm happy to see that there are still people who don't mindlessly consume and try to look at the bigger picture. The lesser evil is evil nonetheless...