China's EV Trade-In Subsidy: Li Auto's Struggles & Recovery Hopes
Update: 2026-01-02
Description
Chinas massive trade-in subsidy program for electric vehicles, funded by special treasury bonds, is boosting domestic demand. The National Development and Reform Commission plans to spend eight point nine billion dollars in twenty twenty-six. Investors are watching Chinese EV stocks like Nio, XPeng, BYD, and Li Auto. Li Auto, however, is struggling with falling revenue, vehicle deliveries, and profitability. In the third quarter of twenty twenty-five, Li Autos revenue dropped thirty-six point two percent year-over-year, and vehicle deliveries fell thirty-nine percent. Recalls on the Li MEGA model led to an operating loss of one point two billion yuan and a net loss of six hundred twenty-four million yuan. Management is cautious, and all eyes are on twenty twenty-six for signs of recovery. Checkout Solipillow.com
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