Yes and just imagine where computing (and Intel) would be today if they had spent the last 50 years trying to slow progress instead of creating it --- because it might not be good for them.
I wish Toyota well but the future doesn't wait for anyone. Either help create it or be crushed by it --- these are your options.
This is why extensive, high stakes research into battery technology is going on all around the world. Whoever comes up with a lighter, cheaper, safer battery will own a big chunk of the future --- and the auto industry in particular.
Apparently, Toyota has decided it won't be them. The fun fact about the future is everyone gets to choose how they want to play it.
I wish Toyota well but the future doesn't wait for anyone. Either help create it or be crushed by it --- these are your options.