18 months ago everything was about EV's heading to world production domination by 2030 etc. Many European OEM's declaring they would be "EV only" by then. Toyota was derided for being so behind on decent EV's xcmpared to China etc.
Now the EV rush has hit some reality and MB has just cancelled its big EV only new platform and Fiat are putting hybrid IC engines into the 600 EV..
So, while full EV will come its going to be slower for a while, I think, so maybe the point Toyota made when criticised for it's lack of EV sales is valid.
Basically they argued that with much of their markets in Latin America, Middle East, Africa and parts of Asia ( and maybe the USA) many years from a full public charging network people can trust so using Lithium battery production to make many more smaller hybrid cars is actually better for quick de-carbonisation.
I am not sure if they are right but with plug in hybrids getting up to 50 real electric miles from overnight home charging it could be an interesting argument.?