Are Hybrid and electric cars really the way forward?

There is a sudden rise in the automobile industry with respect to Eco-friendly cars such as hybrids and electric vehicles (EV). But is that really a step forward? With continuously depleting fuel resources, it is indeed of prime importance that we find an alternative to fossil fuels, but I don't think EVs or hybrids are the answer. Hybrids make use of nickel batteries, to enhance the engine, while EVs use electric motors to move the wheels. However, these aren't quite as Eco-friendly as their manufacturers would like us to believe. Nickel mining causes acid rain, whereas EVs run on electricity, which we all know is produces lot of harmful products. The way forward is to go backward, and look at the Model T, which could run on water, or even alcohol.