Cui Dongshu, from the Passenger Car Association, highlighted in an article that the current surge in the production and sales of new energy vehicles is fueled by a confluence of factors. Firstly, the persistent high oil prices have catalyzed a shift in domestic consumer demand from fuel-powered vehicles to new energy alternatives. Concurrently, automakers have refined their production scheduling and enhanced supply chain efficiency, culminating in a 7% month-on-month increase in the wholesale sales of new energy vehicles in May. Secondly, with the Dragon Boat Festival holiday falling in June, May witnessed more working days for vehicle production, enabling automakers to fully leverage their production capabilities. Thirdly, the elevated international oil prices have spurred overseas demand for new energy vehicles. Chinese-brand new energy vehicles, leveraging their technological edge in low energy consumption and cost-effectiveness, have exhibited remarkable competitiveness in global markets, leading to an expansion in export volumes and further invigorating domestic production and sales of new energy vehicles.