Toyota's Thai executive has publicly raised critical concerns about Thailand's ability to compete as an EV hub against Indonesia's aggressive push into battery manufacturing and supply chains. Indonesia is partnering with CATL to build domestic battery production ($75.8M investment, exports planned for H2 2026), shifting regional competition from factory competition to entire ecosystem competition (parts, technology, supply chains). Thailand's 60-year automotive advantage risks erosion unless it moves beyond assembly toward value-added manufacturing and clarifies whether it's promoting EV sales or building genuine EV industry capability.