Xiaomi SU7 Launches 7-Year Ultra-Low Interest Loan to Counter Tesla's Price War

In response to Tesla's "7-year ultra-low interest" auto financing plan, which is set to launch first in the Chinese market in early 2026, Xiaomi Auto has swiftly followed suit by introducing a similar financial offering for its new SU7 model. The program extends loan terms to seven years and lowers monthly payments to stimulate consumer demand. This move aims to ease the financial burden of car purchases and enhance the SU7’s appeal amid intense market competition. Although the first-generation SU7 achieved strong sales driven by "legendary" hype, Xiaomi must now rely on flexible financing strategies and product competitiveness to sustain its market momentum against ongoing pressure from rivals like Tesla. The new loan program has already rolled out nationwide and represents a key measure for Xiaomi to stabilize its sales volume.