Shocking is definitely NOT
Shocking is definitely NOT the word that I would use for this rather bland, non-informative announcement. They pretty much restated in great length why they were NOT fully committed to building BEVs. And why they supported hybrids, PHEVs, and FCEVs instead. They said nothing about actual BEV models being released, and the announcement is so vaguely worded that they might not even have production BEVs built this year. But the long term migration plan has always been to have the Prius models move to being BEVs, and to add more hybrid and PHEV models to Toyota's line-up. Which is good.