On September 9, Xin Guobin, the Vice Minister of the Ministry of Industry and Information Technology, stated at a press conference convened by the State Council Information Office that during the "14th Five-Year Plan" phase, China has witnessed a remarkable surge in the production of new energy vehicles (NEVs). This growth has been accompanied by enhanced product experiences and a growing, notable contribution to the national economy. By 2024, the consumption of NEVs in China had surpassed 2 trillion yuan, effectively fueling the swift advancement of both upstream and downstream sectors within the industrial chain, as well as associated industries. This development has yielded substantial economic and social dividends, offering vital backing for high-caliber economic growth. Nevertheless, the industry's progression is not without its challenges, including deficiencies in high-end smart automotive chips and irrational industrial competition. To tackle these obstacles, the Ministry of Industry and Information Technology is set to further refine its support policies, achieve breakthroughs in pivotal core technologies, and regulate industrial competition to foster enduring and high-quality industry development.