I agree that your "balance" may be right in that your winnings from " lithium copper and rare earths" may be offset by the massive depreciation of your ICE!
Just think about it?
If by 2030 that the Government expects that 50% of new vehicle sales will be EVs, then just imagine the dealership's attitude then towards your ICE trade-in?
IMO by 2027 the Government will offer a "scrappage" bonus for older ICEs to accelerate the uptake of EVs.
The transition now is: -ICEs -Hybrids -Plug-in Hybrids -BEVs
This is why, IMO, a Hybrid is a good compromise at present. And the world thinks so too: