Li Auto(理想汽车)announced on November 10 that it had signed cooperation agreements with partners in Thailand, Hong Kong, Singapore, the Philippines and Vietnam, expanding its sales network across the Asia-Pacific region.
In Hong Kong, Zung Fu Group(仁孚集团)will serve as general distributor, while Wearnes Automotive will be Li Auto’s partner in Singapore. The company will operate its Thai business through a subsidiary working with local dealers. It also named partners for the Philippines and Vietnam.
Li Auto plans to debut a right-hand-drive version of its battery-electric Li MEGA MPV at the Thailand International Motor Expo in December, followed by a brand and vehicle launch in Hong Kong. The company said it plans to introduce additional right-hand-drive models within a year.
The latest agreements follow partnerships signed in April covering Macao, Cambodia, Laos and Myanmar. Li Auto launched its brand in Macao in June.
The regional partnerships will support sales, after-sales service and product adaptation in each market. Vehicle pricing and specific delivery dates for the newly announced markets have yet to be disclosed.
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