Why Toyota’s ‘agonizing’ U-turn toward electric cars? Because China says so

2012 Toyota RAV4 EV, Newport Beach, California, July 2012Large auto companies are likely aircraft carriers: it takes a long time for them to change direction, and far longer yet to get them aligned on a new course. To various degrees, the world's carmakers have started to produce and sell vehicles that plug-in, whether for some or all of their travels. Except Toyota. The Japanese company that's not only...