From April 11 to 12, the High-Level Forum on the Development of Intelligent Electric Vehicles (2026) took place at Phase II of the China National Convention Center in Beijing. The forum centered on the intelligent, green, integrated, and international development of new energy vehicles. Cui Dongshu, the Secretary-General of the Passenger Car Market Information Joint Conference Branch under the China Automobile Dealers Association, put forward that long-term policy support is vital for the advancement of new energy vehicles. He suggested including car purchase expenses in special individual income tax deductions and permitting pre-tax deductions for interest on auto consumer loans. Cui Dongshu illustrated his point with an example. He explained that if car purchase expenses are incorporated into special individual income tax deductions, high-income earners might be eligible to deduct 30% of their individual income tax when buying a car. For instance, purchasing a luxury car worth 1 million yuan could lead to tax savings of tens of thousands of yuan. This could potentially shorten the car replacement cycle from seven years to five years, thus stimulating car purchases in advance. Furthermore, he emphasized the necessity of allowing pre-tax deductions for interest on auto consumer loans. This measure would not only assist banks in expanding their business but also alleviate the financial burden on consumers, thereby further boosting auto consumption.