Xiaomi Unveils Purchase Tax Subsidy for Auto Buyers, Committing Over RMB 2 Billion
Xiaomi Corp.announced a purchase tax subsidy program for its electric vehicle customers, with estimated investment exceeding 2 billion yuan ($277 million), as the company moves to protect buyers facing potential delivery delays into 2026.
The subsidy applies to customers who lock in orders before Nov. 30, 2025, but receive delivery in 2026 due to production or logistics delays on Xiaomi's part. Eligible buyers will receive direct rebates on final payments covering the purchase tax differential, with subsidies reaching up to 15,000 yuan per vehicle.
The program covers Xiaomi's entire automotive lineup, including the SU7, YU7, and SU7 Ultra models. The subsidy will be applied as a reduction to the final payment amount.
The move comes as multiple Chinese electric vehicle manufacturers have introduced similar "worry-free delivery" programs ahead of anticipated purchase tax changes next year. Such initiatives aim to shield customers from additional costs resulting from cross-year deliveries.
Xiaomi founder Lei Jun posted a brief acknowledgment on social media, thanking customers for their support.
The subsidy represents a significant financial commitment as Xiaomi works to scale its automotive operations and maintain customer confidence amid production ramp-up challenges. The company's willingness to absorb potential tax differentials signals its focus on preserving order momentum in China's competitive EV market.