Toyota vs. electric cars: Smart strategy, or Innovator’s Dilemma?

2021 Toyota RAV4 Prime, 2019 LA Auto ShowAs we enter 2020, carmaking giant Toyota produces and sells the majority of the world's hybrid cars and SUVs. That may prove to be a problem over the next decade. The world’s most profitable mass-market carmaker has made no secret of its antipathy toward battery-electric vehicles during the past 10 years. In 2012, it canceled its plans for a...