Core Insights - Avita Technology is accelerating its global market expansion, with the recent launch of Avita 11 and Avita 012 models at the 2025 Hong Kong Auto Show [1] - The company is collaborating with Momenta to develop an overseas vehicle project, code-named 15G, which is currently undergoing testing in the UAE and is expected to complete by the end of September [1][2] - Avita has signed a strategic cooperation agreement with Al Saqer Group to promote its products in the UAE market, where it has already launched two models [2] Group 1: Market Expansion - Avita Technology has entered ASEAN and Middle Eastern markets, launching in Thailand, UAE, and Qatar, with over 260 pre-orders in the UAE, capturing an 8.25% market share in the luxury new energy vehicle segment [1] - The overseas model developed with Momenta is likely to be first launched in the Middle East, with ongoing road tests planned for other countries in the region [2][3] Group 2: Strategic Partnerships - Avita has been utilizing Huawei's intelligent solutions for its current models and has deepened its strategic cooperation with Huawei, focusing on product development and marketing [1][4] - The collaboration with Momenta began around March this year, aiming to leverage Momenta's experience with international automakers like Mercedes and Toyota for the overseas model [3][4] Group 3: Future Plans - Avita plans to expand to over 50 countries and regions this year, with a goal to officially enter the European market by 2026, including the launch of a new flagship product next year [3][5] - The company is currently recruiting for various positions related to overseas operations, indicating a focus on enhancing its international presence [3][5] Group 4: R&D and Technology - Avita's R&D team is expanding, with a new facility in Chongqing capable of accommodating 1,000 personnel, in preparation for increased collaboration with both Huawei and Momenta [5] - Discussions are ongoing regarding the potential use of Momenta's solutions in domestic models, although no substantial progress has been reported yet [5][6]