I've heard there isn't enough Cobalt in the world for even just the UK to go fully EV let alone the world. Surely the markets will reflect this fact in good time. Unless I've heard wrong that is.

Easy answer for the rational: Don't buy a new car, neither ICE nor EV.
Instead, actually save some funds out of every paycheck and after a couple of years use it to buy a good used car for cash.
What an astounding idea!
Don't make the banksters and the GM and Ford traitors rich.
Make yourself rich by not paying interest.
Wow.

Same with the hybrids. Most folks I knew who owned a Prius, made sure to trade it in (usually around year 4) on a NEW one before the batteries croaked . I can’t see an EV being much different. It’s a product of our “disposable” society.

I'll bet an EV will need a battery replacement long before an ICE needs a new motor and it will cost a lot more.

With the high cost of battery replacement, a used EV is a bad risk. Add to that the reduced range as the battery ages, and you have a vehicle with much less usefulness, which will be reflected in the price. And the more EVs there are out there, the more people will be painfully aware of their limitations and flaws. And thus less willing to buy one, and the downward demand spiral continues.

Considering they are expensive and disposable it's really not that surprising. I think their batteries have a 10 year life, and a piece of work to swap out, and expensive to replace. Shocker.