With the growing demand for vehicle weight reduction and the increased application of multimaterial design, it is imperative to address the challenges of welding dissimilar light alloys. This paper presents a review on laser welding of Al/Mg, Al/Ti, and Mg/Ti alloys, with focus on the techniques used to suppress the formation of brittle intermetallic compounds (IMCs) and improve joining mechanism. For Al/Mg joints, studies have shown that the use of structural adhesives, the use of interlayers such as Ce, Ni, Ti, and Fe foils and Zn-Al filler metals, and hybrid adhesive-interlayers could suppress the formation of brittle IMCs and improve joint strength. The formation of brittle IMCs during laser welding of Al/Ti alloys could be minimized by offsetting the laser beam at an appropriate distance towards either the Al or Ti alloy, the use of split-beam laser with appropriate joint design, the use of high welding speed, improving the laser energy distribution, and the use of V-groove with Al-Si filler metals. For Mg/Ti alloys, offsetting the laser beam at an appropriate distance towards the Mg alloy, the use of AZ series Mg alloy-based filler wires, and coating the Ti alloy with Ni were found to facilitate the joint formation and improve the joint strength.