On October 4, Cui Dongshu, the Secretary - General of the China Passenger Car Association (CPCA), penned an article highlighting that the website of the Ministry of Industry and Information Technology has been regularly releasing the catalog of new - energy vehicle models eligible for vehicle purchase tax exemptions in the first half of the year. Upon scrutinizing these data, he noticed substantial shifts in the technological approaches of new - energy vehicle models.

Hydrogen fuel cell models have underperformed. In contrast, electric - replacing - oil models have demonstrated a clear upward trend, largely owing to their tax - saving benefits. On the whole, the technological progress of tax - exempt models has proceeded at a relatively steady pace.

In September, a plethora of pure electric passenger car models hit the market, with driving ranges surpassing 600 km. Meanwhile, battery - swap models were predominantly found in the special - purpose vehicle segment. Extended - range and pure electric high - energy - density battery products were also quite abundant.

Since the second half of 2024, there have been no new hydrogen fuel cell models introduced in the passenger car market. It is anticipated that by 2025, there will be 202 extended - range vehicle models. Additionally, a significant number of extended - range heavy - duty truck models are expected to make their debut in the commercial vehicle sector. Furthermore, independent traditional automakers have launched a relatively large number of competitive new - energy vehicle models.