Tag: Thailand automotive market
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Thailand’s Automotive Market 2026: Japanese Share Falls Below 70%, a Chinese EV Maker Collapses — and What Became of Toyota’s China Sourcing
Introduction In August 2025, we published “Toyota’s EV Procurement Transformation in Thailand.” The report started from a Nikkei story dated August 2, 2025. According to Nikkei, Toyota had introduced the Chinese interior-materials maker Wuhu Yuefei to Thailand’s Summit Group (a seat and auto parts group, separate from Thai Summit Group discussed later), the two companies…
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Toyota made a Strategic Pivot in Thailand: EV Procurement Transformation and Chinese Supplier Adoption
(Updated October 2026) Introduction The automotive industry is changing its power sources, its competitors and its supply networks at the same time, and Toyota sits at the center of these shifts. Electrification is accelerating, Chinese EV makers are expanding rapidly, and procurement networks are being restructured. In Thailand, a major automotive production hub in Southeast…