Cui Dongshu, Secretary General of the Passenger Transport Association, published an article stating that in 2025, the promotion pressure for conventional fuel vehicles and hybrids was relatively intense, and the promotion of new energy vehicles was relatively intense. This year, plug-in hybrid promotions fluctuated a lot. In December, the promotion increased by 3.9 points year-on-year, down 0.4 percentage points from the previous month; overall, the promotion of extended-range models increased by about 4.5 points compared to December 2024. The overall promotion of pure electric power increased by about 1.1 points compared to December 2024, and the promotion increased by about 0.4 points compared to the previous month. The effects of the national trade-in policy have been outstanding. Market sales have increased, internal price reductions have clearly abated, operating pressure on the industry has improved, and the profit margin of the automobile industry rebounded to a low of 4.4% in January-November. This is also a good sign of the rise in the scale of the industry and the stabilization of price promotions.

Cui Dongshu, Secretary General of the Passenger Transport Association, published an article stating that in 2025, the promotion pressure for conventional fuel vehicles and hybrids was relatively intense, and the promotion of new energy vehicles was relatively intense. This year, plug-in hybrid promotions fluctuated a lot. In December, the promotion increased by 3.9 points year-on-year, down 0.4 percentage points from the previous month; overall, the promotion of extended-range models increased by about 4.5 points compared to December 2024. The overall promotion of pure electric power increased by about 1.1 points compared to December 2024, and the promotion increased by about 0.4 points compared to the previous month. The effects of the national trade-in policy have been outstanding. Market sales have increased, internal price reductions have clearly abated, operating pressure on the industry has improved, and the profit margin of the automobile industry rebounded to a low of 4.4% in January-November. This is also a good sign of the rise in the scale of the industry and the stabilization of price promotions.