Feng Huang Wang·2026-01-20 04:23Core Viewpoint - The announcement of a 7-year low monthly payment car purchase plan by Li Auto and Xiaomi indicates a competitive strategy to attract customers in the electric vehicle market, highlighting the trend of offering extended financing options to enhance affordability [1] Group 1: Li Auto - Li Auto officially announced a 7-year ultra-low monthly payment car purchase plan starting from January 20, 2026, with a down payment as low as 32,500 yuan and monthly payments starting at 2,578 yuan [1] - The Li MEGA and Li i8 models have exclusive 7-year loan plans, offering interest-free payments for the first 3 years, with monthly payments starting at 2,857 yuan [1] Group 2: Xiaomi - Xiaomi Auto announced a 7-year low-interest policy starting from January 16, with a down payment of 49,900 yuan and monthly payments starting at 2,593 yuan for the Xiaomi YU7 model [1]