A purchase tax is required for the SU7 Ultra. The national tax exemption cap is 30,000 RMB, and any amount exceeding this cap must be paid.

Q: Is there a purchase tax for buying the Xiaomi SU7 Ultra?

Yes. According to the latest "Announcement on Continuing and Optimizing the Tax Reduction and Exemption Policy for New Energy Vehicle Purchase Tax" (October 2023 announcement), for new energy vehicles invoiced before December 31, 2025, the national subsidy cap for the purchase tax of each new energy passenger vehicle is 30,000 RMB. Therefore, users of the Xiaomi SU7 Ultra need to pay the portion of the purchase tax that exceeds the 30,000 RMB exemption limit. For details, please consult your exclusive Ultra Master.

! Time-sensitive Episode 115 · Question 2 2025-03-04

Is there a purchase tax for buying the Xiaomi SU7 Ultra?

Official answer

Yes. According to the latest "Announcement on Continuing and Optimizing the Tax Reduction and Exemption Policy for New Energy Vehicle Purchase Tax" (October 2023 announcement), for new energy vehicles invoiced before December 31, 2025, the national subsidy cap for the purchase tax of each new energy passenger vehicle is 30,000 RMB. Therefore, users of the Xiaomi SU7 Ultra need to pay the portion of the purchase tax that exceeds the 30,000 RMB exemption limit. For details, please consult your exclusive Ultra Master.

Related Q&As

Does Xiaomi EV offer any interest-free car purchase plans?

Are there any financial policies for purchasing Xiaomi SU7 Ultra?

I chose full payment when ordering the car. Can I choose other financial plans when picking up the car?

If I chose the 0 down payment plan to purchase the Xiaomi SU7 Ultra, how will the 20,000 deposit be refunded?