On June 5, the Shenzhen Financial Regulatory Bureau, in collaboration with various departments including the Shenzhen Industry and Information Technology Bureau, jointly released the Notice on Several Measures to Foster High-Quality Development of New Energy Vehicle Insurance in Shenzhen. This notice outlines a plan to diversify the supply sources and categories of maintenance components for new energy vehicles. It advocates for new energy vehicle and power battery manufacturers to improve the cost-efficiency of power battery maintenance by embracing technological openness. Additionally, it supports these companies in selling spare parts, such as components of the 'three-electric systems' (battery, motor, and electronic control), through their own or authorized sales networks to the general public. Concurrently, the notice promotes enhanced collaboration between the insurance industry and the new energy vehicle sector. This includes fostering technical exchanges, training, and certification programs, exploring the joint establishment and sharing of maintenance networks, and setting up standardized and fair pricing and claims procedures for parts maintenance services. Through these initiatives, the aim is to decrease both vehicle maintenance and insurance costs.