Didn't Toyota bet heavily on hybrid, only to realise that no one really wants them. You have to have a specific daily drive for them to make much sense. You're carrying two engines and to fuel/power sources, so mileage is terrible on gas and battery.
Hybrids make a lot of sense, they just have a lot of the same costs as building EVs and most buyers in the US weren't willing to pay an extra $5k to increase gas mileage by 15%.
Toyota is currently seeing record sales of their hybrid models and has made multiple models hybrid-only as costs have fallen.
Plug-in hybrids with larger battery packs are a harder market fit. They cost more because of the larger battery (often more than full EV equivalents) and are not saving you any extra money unless you can plug it in daily. If you have that extra money to spend and a place to plug an, an EV will probably work fine for you and save you more money over time.
Most hybrids Toyota sells have a ~1 kWh battery which cannot be charged externally.
"only to realise that no one really wants them" - 1 of every 6 new cars sold in the US are hybrids
"You have to have a specific daily drive for them to make much sense" - You'd have to have an extremely specific commute for an ICE car to potentially beat a hybrid (flat highway driving with zero traffic). Even then it's doubtful as hybrid engines can be designed to optimize more for efficiency since the electric torque can augment to make performance acceptable. Try to find an ICE car that gets better EPA ratings than equivalent hybrids.
"You're carrying two engines and to fuel/power sources, so mileage is terrible on gas and battery." - The corolla hybrid LE weighs 100lbs less than the ICE LE, in part because hybrid transmissions are quite simple in comparison to a manual/automatic required in an ICE car. In either case, hybrids have a huge advantage in the types of driving where weight matters (stop-and-go/hills) because they can reclaim that energy rather than losing it as heat.