Li Auto said it will cover purchase tax incentives for customers ordering its new Li i6 model through October, becoming the latest Chinese electric vehicle (EV) maker to shield buyers from potential losses tied to delivery delays.
The company said on Tuesday on Weibo that customers who lock in Li i6 orders by Oct. 31 will be compensated if deliveries are not completed this year and they lose access to national purchase tax exemptions. The subsidy will be provided as a cash rebate on the final payment, ensuring customers incur no extra purchase tax costs.
The Li i6, launched on Sept. 26 as Li Auto’s second pure-electric SUV, is priced from 249,800 yuan ($35,070) in a single trim. Buyers who place orders by Oct. 31 are also eligible for limited-time benefits worth 35,000 yuan, including a 10,000 yuan cash discount. Local media have reported the company’s production capacity for the Li i6 in 2025 could reach 45,000 to 50,000 units.
China continues to exempt new energy vehicles (NEVs) from purchase tax through 2025, capped at 30,000 yuan per vehicle. From 2026 to 2027, the exemption will be halved to a maximum of 15,000 yuan per vehicle.
Li Auto’s move mirrors that of domestic rival Nio, which announced on Sept. 21 that ES8 buyers placing orders this year will receive subsidy vouchers to offset up to 15,000 yuan if delivery delays extend into 2026.