On July 5, Cui Dongshu, Secretary-General of the China Passenger Car Association (CPCA), articulated that the adjustment of the vehicle and vessel tax policy for energy-efficient and new energy vehicles is a pivotal stride in the equal rights reform for fuel and electric vehicles within China's automotive sector. This adjustment heralds the new energy industry's shift from reliance on policy support to a sophisticated, market-driven phase. Cui Dongshu posits that this reform will catalyze the advancement of full electrification, aligning with the automotive industry's overarching objectives of high-quality growth and market equilibrium. He underscored that equal rights for fuel and electric vehicles transcend mere parity; rather, they entail the establishment of a vehicle tax framework that balances rights and responsibilities and ensures equitable tax burdens, tailored to technology, emissions, and usage contexts. This approach reflects a nuanced understanding of the automotive landscape, acknowledging the diverse needs and contributions of different vehicle types to the broader ecosystem.