As a comparison look at a mid-range connector from Phoenix:
https://www.digikey.com/products/en?keywords=277-16346-NDIt's rated to 25 cycles. Now, that doesn't mean it disintegrates on cycle 26. It means that the datasheet values should be applicable if the connector was used within the ratings of the datasheet. Note that with these connectors the stress is applied to the wire, not the connector housing.
As others pointed out various standards may apply. A quick look at 61010 finds some areas of concern. There isn't enough information about the design, product, and application to really dig into it here. Commercial? Industrial? Internal test fixture?
Topics to ignore your boss about who is trying to make it faster and cheaper:
- Batteries. Lots of safety issues regarding batteries, particularly high-current lithium types.
- Environment. 48V lands right in the middle of dry compared to wet location concerns in 61010. Could this be a wet location?
- Access. User access to conductive terminals and wires with thin insulation.
- Connectors. Terminal spacing, wire size, etc.
- Misuse. Foreseeable issues.
- Faults. Single and multiple faults. Wire breakage.