Beijing-based EV rival, Li Auto, plans aggressive expansion into the Middle East and Asia-Pacific. The company expects international sales to make up 30% of its total deliveries by 2030, aiming to challenge brands like BMW and Mercedes-Benz.

Li Auto, one of Tesla’s major rivals in mainland China, has set its sights on the Middle East and Asia-Pacific, with its premium intelligent models poised to take on petrol car brands such as BMW and Mercedes-Benz. The Beijing-based electric vehicle (EV) maker, which is actively building a sales network abroad, expected overseas deliveries to account for 30 per cent of its total by 2030, according to president Ma Donghui. “It is inevitable that we will compete against BMW, Benz and Audi, which.....