Li Auto announced new low-interest financing plans on Tuesday. The incentives cover all vehicle models and offer terms up to seven years. This move follows similar incentives offered by rivals Tesla and Xiaomi.
The plan requires a minimum 15% down payment. Annualized interest rates start as low as 3.22% for specific models.
The financing initiative addresses a significant downturn in Li Auto sales. Vehicle deliveries declined 24.38% year-over-year in December. Full-year deliveries for 2025 dropped nearly 19%.
Li Auto also plans to streamline its product lineup. This streamlining targets the RMB 300,000 to RMB 400,000 price range.