Gasgoo Munich- Xiaomi EV founder Lei Jun announced on July 1 that the company is rolling out a new "Easy Pay" financing option for the SU7. Available for a limited time across the entire lineup, the move aims to lower the entry barrier for its flagship electric sedan and sustain the brand's recent sales momentum.
Under the scheme, buyers can put down just 49,900 yuan and stretch repayment over five years. The structure allows for a "balloon payment" approach: monthly installments are kept low, with a larger chunk of the principal due every December. For the first 11 months, payments start as low as 538 yuan. After the annual lump sum, the following year's monthly payments drop further—eventually falling to just 108 yuan for the first 11 months of the fifth year.
Image source: Xiaomi EV
Take the new-gen SU7 Standard Edition: buyers face a one-time principal repayment of 34,538 yuan at the end of the first year. That year-end figure decreases slightly for the subsequent four years, balancing daily cash flow with long-term financial planning. To qualify, orders must be placed by July 31. Customers can visit Xiaomi EV retail stores or check the company's app for full details.
The financing push comes as Xiaomi EV's sales momentum builds. Official data shows June deliveries topped 30,000 units, marking the third consecutive month above that threshold. First-half deliveries surpassed 180,000 units, cementing the company's position in the 200,000-yuan electric sedan segment. Demand for the SU7—the brand's sales engine—remains robust.
As China's EV price war intensifies, automakers are increasingly using financing incentives to attract buyers. Xiaomi's five-year, low-payment structure targets younger consumers—specifically those with tighter budgets who prefer flexible cash flow. By coupling this financial flexibility with the SU7's strengths in range, autonomous driving, and performance, Xiaomi aims to drive order conversion and solidify its competitive edge in the mid-size electric sedan market.
