A mining company consultant with decades of experience doubts the industry will be able to support all the electric car production planned: https://www.bloomberg.com/news/articles/2022-04-22/mr-lithiumalr-warns-there-s-not-enough-battery-metal-to-go-around
Interestingly the research into how lithium is extracted, for example from brine, is developing quickly – but will it be quick enough to meet demand? An article from a couple of years ago here about this subject: https://www.nsenergybusiness.com/features/lithium-brine-extraction-research/#
In Cornwall a different method will be used: https://cornishlithium.com/projects/lithium-in-geothermal-waters/direct-lithium-extraction/