You're definitely on to something, but I think it's more than that. So many of the decision-makers on this live in big cities where EVs can easily be "refueled". Couple that with the heavy political pressure that has been coming from the biggest governments around the world to fully abandon gas* in an accelerated timetable (accelerated faster than what the market would normally deliver as EV tech becomes cheaper and more efficient than ICE), and it's not a big surprise that all the companies are towing the line.
Toyota seems to be one of the only companies that is willing to testify before congress and point out what everybody living outside of major cities knows: The infrastructure is not there for many, many people to switch to EVs, and no matter how much we try to artificially force the market to do that, it's just not possible yet. This means that for most people, buying an EV means you are dramatically reducing the utility of your vehicle by ditching features such as ability to use your car on road trips without having to plan extensively to ensure there are charging stations where you need them, and that you have the time to sit and wait (and hope that the stations are available and aren't broken). I know quite a few people that have bought Teslas (or other EVs, but mostly Teslas) and all except one has expressed regret and wished they hadn't**, because they no longer have the same "freedom" that they had from their car before, namely the ability to use it whenever and wherever they wanted to go. The saddest case is a friend who loves to go into the mountains. He works from home and his kids have a bus to school, so his car is mainly used to occasionally run errands, and to go to the mountains. He can't use it for the mountains anymore because it's too risky! Running out of "fuel" is much more frequent and consequential. He also has very little towing capacity now.
A lot of people are hearing about reality/experiences like this, and that is having an impact. Toyota not only seems prophetic, but like the only car company that is well positioned to address this. Hybrids are a great solution combining many of the pros of both EV and ICE.
EVs are the future, but we can't just wish them into existence, even though plenty of people with enormous financial and political incentive to do so, will advocate for that approach.
*And not for nothing. Obviously there are very real and concerning existential reasons why we want to abandon fossil fuels, but that doesn't change any of the economic and technological realities in which we must operate.
**They do love them as commuter cars though without a doubt. The dream seems to be to have two cars: an EV for commuting and around-town and an ICE/hybrid for leaving the city