I just built an engine for my car. One thing I gained an appreciation for was how CHEAP cars and engines are. There's probably nothing else with as precise machining that is as inexpensive. Engine cylinders are honed to accuracies that are less than 1 thousandth of an inch. Crank journals as well and rod journals. This is all precise machine work with metal. I use inches here because in machine work thousandths of in…
I expect that batteries are the only hangup, there's probably not that much magic left in an electric motor. Additional cost for regen brakes of course.
I agree on the amazing cheapness of it all if you stick with the common stuff. That, along with the low cost of flat panel TVs is a miracle of the modern age.