Li Auto accelerates Asia-Pacific expansion as 5 markets including Thailand and Hong Kong prepare for launch

White Li Mega electric MPV with a black roof, shown from a front three-quarter angle at the Beijing auto show.

White Li Mega electric MPV with a black roof, shown from a front three-quarter angle at the Beijing auto show.White Li Mega electric MPV with a black roof, shown from a front three-quarter angle at the Beijing auto show.
A Li Mega electric MPV on display at the Beijing Auto Show in April 2026. Credit: CnEVPost
  • The right-hand-drive Li Mega MPV will debut in Thailand in December, followed by a launch in Hong Kong.
  • The 5 markets are preparing for launch, expanding Li Auto’s Asia-Pacific footprint to 9 markets this year.

Li Auto (NASDAQ: LI) has signed partnership agreements covering Thailand, Hong Kong, Singapore, the Philippines and Vietnam, accelerating the buildout of its Asia-Pacific sales network and paving the way for right-hand-drive models.

The Chinese electric vehicle maker announced the agreements in a statement on Tuesday, saying the 5 markets had entered launch preparations.

Li Auto signed partnership agreements in Macao, Cambodia, Laos and Myanmar in April and officially launched its brand in Macao in June. The latest signings expand its Asia-Pacific footprint to 9 markets this year.

Under the arrangements, a Li Auto subsidiary will operate the Thai business, with Evante and Infinite Automobile Company serving as dealer partners.

Zung Fu Group Hong Kong will serve as the general distributor in Hong Kong, while Wearnes Automotive will be the partner in Singapore.

The partners in the Philippines and Vietnam are Dangdang New Energy Auto Service and Neera Motors, respectively.

Li Auto plans to debut the right-hand-drive Li Mega at the Thailand International Motor Expo in December, followed by a brand launch and a launch of the model in Hong Kong.

The Li Mega is Li Auto’s flagship battery electric MPV (multi-purpose vehicle) and its first right-hand-drive flagship model. The company said it would introduce more than 1 right-hand-drive model within 1 year, without naming the other models.

The statement did not disclose vehicle prices or specific delivery dates for these markets, nor launch timelines for Singapore, the Philippines and Vietnam.

For right-hand-drive markets, Li Auto has developed a Li Mega version supporting 11 kW charging and featuring a CCS Type 2 connector, with configurations designed to meet ASEAN NCAP 5-star safety standards.

The company has also adapted window glass, license plate sizes, in-cabin 220-volt power outlets, local languages, SIM cards, data services and infotainment ecosystems to meet local regulations and user habits.

Nestor Wu, vice president of Li Auto’s international business, said the company would work with local partners to adapt its products and services, bringing its family-focused smart electric vehicles to more customers across Asia-Pacific.

The agreements extend Li Auto’s strategy of tailoring its overseas product lineup by region. The company previously said it would prioritize battery electric vehicles in Europe and extended-range models in the Middle East and Central Asia.

Li Auto opened its first overseas retail center in Uzbekistan in October 2025 and launched the all-new Li L9 extended-range SUV in the United Arab Emirates in September this year.

In Europe, Li Auto showcased the Li i6, locally named the Li 6, at the Paris Motor Show in October this year. The model is scheduled to launch and begin deliveries first in Norway and the Netherlands in the first quarter of 2027.

Deutsche Bank expects the third-quarter net loss to narrow to 300 million yuan and gross margin to recover to 16.7%.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *