
There has been an upsurge of cars made in China coming to Australia with one is five from there in 2025. Even a couple of years ago, that would have seemed far fetched. Now, no one would doubt that it will continue to grow.
The car industry from my perspective

There has been an upsurge of cars made in China coming to Australia with one is five from there in 2025. Even a couple of years ago, that would have seemed far fetched. Now, no one would doubt that it will continue to grow.
Vinfast has delivered 197,000 cars for the year, up 102%. The company makes other forms of transport. The e-scooter and e-bike sales were 406,498 (+473%). For those who don't want or cannot afford a car, they have options.
As an aside, e-scooter and e-bike deliveries will have benefitted from the announced plan to ban petrol powered motorbikes in the Hanoi city center starting in mid-2026.
Vinfast had a net loss os $2.4 billion in Q1-Q3 2025, with Q3 being the worst. Dividing that figure by sales brings it to -$12,000 per unit.It is backed by Vingroup, which gives Vinfast the ability to continue even in the loss making situation it currently sits in. Obviously it needs to remedy this as soon as possible. Expansion is expensive so the financial situation is not totally unexpected. Maybe they could slow that down.
The VF 5 city car (photo left) came out in 2023. It was initially known as the VF e32.
It was then joined by the L8 (Li8 photo above) and L9 large SUVs in 2022. The Li8 looks like an MPV but the L8 sibling at least looks like an SUV. The Li8 model has these swooping lines but is an SUV too.
The L6 SUV (and Li6 MPV lookalike) was introduced in 2024 and sales reached nearly 200,000 by year's end (pic below). The flagship Mega MPV also came along the same year and it lives up to its name.
Like many Chinese car manufacturers, the latter part of 2025 saw a decline in sales. The overall year was up with a strong start but that wasn't sustained through the year. Li Auto wasn't spared at all.
2026 is expected to be flat so pushing export sales will become a priority as car makers try to keep factories operating as close to capacity as possible.
Li Auto has focused almost exclusively on the domestic market but a shift in that policy is now taking place. The Middle East is an expected priority.
The company is aiming for 550,000 deliveries in 2026 which seems optimistic. The company is reevaluating its product strategy so who knows how effective that will be.
Data & picture source: Li Auto.