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Toyota made a Strategic Pivot in Thailand: EV Shift and Chinese Supplier Adoption
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Introduction The global automotive industry is undergoing a once-in-a-century transformation. Accelerated adoption of electric vehicles (EVs), the rise of Chinese manufacturers, and a reconfiguration of supply chains are reshaping the industry’s structure. In Southeast Asia, the long-standing dominance of Japanese automakers is being challenged, affecting not only OEMs but also parts suppliers, logistics providers, and…