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Li Auto Launches 3-Year Zero-Interest Financing to Boost Q4 Deliveries

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Written by Cláudio Afonso | LinkedIn | X

China’s new energy vehicle (NEV) maker Li Auto has launched a limited-time promotion offering three-year zero-interest financing across its entire model lineup, with minimum down payments starting at 69,800 yuan ($9,640).

On social media, Li Auto announced that—until the end of the year— “customers who place orders and complete delivery can enjoy the 3-year zero-interest plan.” If opting for a 5-year low-interest financing option with annual rates as low as 0.99%.

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Under the program, customers purchasing the Li L6 model can make a minimum down payment of 69,800 yuan ($9,640), while the Li L7 and Li L8 models require a down payment of 99,800 yuan ($13,800). The flagship Li L9 model is available with a minimum down payment of 129,800 yuan ($17,925), and the premium Li MEGA starts at 159,800 yuan ($22,070).

Over the first ten months of the year, the Beijing-based firm delivered 393,255 vehicles. Li Auto has recently seen cumulative sales surpass one million units less than five years after selling its first model with its SUV L7 as the top seller accounting for 25% of its sales.

As of the end of October, the NEV maker had 475 retail centers across 144 cities in China. Its after-sales network includes 444 service centers and authorized body and paint facilities covering 223 cities.

The company also operates 1,004 proprietary supercharging stations across the country, with a total of 4,910 charging piles.

Written by Cláudio Afonso | LinkedIn | X

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