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I think they are trying to drag out their EV strategy as long as the market will let them. Since it's nonexistent, that could be a while. It isn't possible to

I think they are trying to drag out their EV strategy as long as the market will let them. Since it's nonexistent, that could be a while. It isn't possible to leapfrog everyone in EVs when you've been trying hard to milk your existing factories and products instead of getting any experience actually building and selling them. I owned a Prius when they were new and I fully expected Toyota to become the world leader in EVs. Had they done that, I would also believe this battery story. But not today.

WorldMaker 3y ago
On top of that we know that Toyota's EV strategy was heavily invested in R&D of Hydrogen fuel cells. They made some wrong bets and it continues to show. If the article didn't specifically mention that their plans involved some new formulation of Lithium Iron Phosphate I'd have expected "solid state EVs" to just be fresh marketing hype of Hydrogen fuel cells, because of Toyota's recent history.