- Li Auto delivered 44,246 vehicles in December, a 24.38% year-on-year decline and the seventh consecutive month of falling deliveries.
- In 2025, Li Auto delivered 406,343 vehicles, an 18.81%year-on-year decrease.
Li Auto (NASDAQ: LI) has begun offering Chinese consumers up to 7-year low-interest financing plans for its models, following the moves of Tesla (NASDAQ: TSLA) and Xiaomi (HKG: 1810, OTCMKTS: XIACY).
The company announced Tuesday that the incentive applies to its entire lineup — Li L6, Li L7, Li L8, Li L9 extended-range SUVs (sport utility vehicles), as well as the all-electric Li i6, Li i8 SUVs, and Li Mega MPV (multi-purpose vehicle) — with a minimum down payment of 15%.
Under the p incentive, the minimum monthly payment for a Li Auto model is RMB 2,578 ($370).
The annualized fee rate for the Li L6, Li L7, Li L8, Li L9, and Li i6 under the incentive is 2.5%, translating to an annualized interest rate of 4.69%-4.71%, is said.
Customers purchasing the Li Mega and Li i8 benefit from a lower annual fee rate of 1.69%, equivalent to an annualized interest rate of 3.22%-3.23%.
Tesla began offering ultra-low-interest financing for locally produced Model 3 and Model Y vehicles in China starting January 6, marking the first such initiative in the Chinese market.
On January 15, Xiaomi announced a similar move, launching 7-year low-interest financing incentive for the YU7.
Li Auto is one of China's major extended-range electric vehicle (EREV) players, but its sales have declined significantly over the past year. As sales of EREV models plummeted, its battery electric vehicle (BEV) models have yet to provide sufficient contribution.
Li Auto delivered 44,246 vehicles in December, marking a 24.38% year-on-year decline and its seventh consecutive monthly drop, according to data compiled by CnEVPost.
In 2025, Li Auto delivered 406,343 vehicles, representing an 18.81% year-on-year decrease.
($1 = RMB 6.9609)
