They're not really doubling down on fossil fuels. They're just going into hydrogen fuel cells instead. But, Toyota tried that and it's not working. The Japanese are incredibly stubborn for these things.
Meanwhile, China is coming with a new solid state battery for E.V.s that will revolutionize everything. Fast charging up to 80% within 5 min. Temperature doesn't affect the efficiency, will allow for longer range and is also safe against punctures as they don't catch on fire like conventional batteries.