I love the new tech actually, because ICE has peaked and peaked in a way that is ready for a huge fall.
There was a time for example, let's take the case of BMW, when 530i means you actually have a 3.0 liter six cylinder engine in it. Today, it means they stuffed a four cylinder 2.0 liter with a turbo to make as much power as that 3.0 liter six used to make.
So what gives? What gives is that this turbo 4 cylinder 2.0 liter engine is doing the work of a six cylinder, and in some cars, eight cylinders. You got turbos, variable valve timing, direct fuel injection, all these microprocessors reading from oxygen and thermal sensors, working off from fuel-oxygen graphs. You are talking of compression ratios of 10 to 11 easily, and there was a time when compression ratios of 11 to 1 are reserved for race cars. There was a time when a 2.0 liter four is doing only 100 to 120hp with compression ratios of only 8 to 9 to 1. Low then but the engine is pretty under stressed so it can last over 200,000 miles or more. Now there are cases when a four cylinder turbo is now making in excess of 300 hp. That's much as and even over V8s in the past. That's like a racing engine stuck into the hood on a car that is going to see much of the time, day by day, stuck in the traffic, going to the grocery or the mall, driving kids to school and back home, going to work and idling through traffic jams and so on. Those engines are burning a lot of heat under the hood and are cooking themselves to death gradually. So the question is whether these engines are going to last 50,000 miles, 100,000 miles, 200,000 miles, like the way bigger, six and eight cylinder engines in the past.
Compared to that, a large electric motor is surprisingly simpler, much lighter, much cooler. What you should worry about, is how long your batteries will last --- there is one expensive replacement bill if they don't. More so than a replacement engine. But with LFP batteries, it becomes possible for batteries to outlast a car. BYD is offering a replacement warranty for their batteries for up to 500,000 kilometers if their charge retention falls under 60%. Its because of this that if I were ever to buy an EV, I want it to be a BYD with an LFP battery, preferably the Blade battery. But I would also be okay for a Ford, Tesla or Toyota EV that has partnered with BYD or CATL for LFP battery.
Hybrid are also complex machinery. The whole hybrid set up like Toyota's --- I had a Toyota hybrid once --- is even more complex than your typical ICE or EV, and instead combines the complexity of both to make it even more complex. Not just more microprocessors and circuits than everything but if the whole hybrid battery pack goes, it will also set you off with a huge replacement bill that's worth more than an ICE engine swap.