Toyota (TM) is thinking about the future of the car industry and in turn its own future. The feeling in the industry has been that Toyota has been slow to adopt full electrification of transport, and indeed, in comparison with its major competitor, Volkswagen (VWAGY), its vision for full electrification lags the competition. Volkswagen plans to have 28 million BEVs (Battery Electric Vehicles) on the road (half in China) by 2028, while Toyota is planning for half of its vehicles being electrified by 2025, but it is unclear how many of the planned electric vehicles