Come 2026, the exemption policy for purchase taxes on new energy vehicles is set to become even more stringent. Concurrently, the expansion of ultra-fast charging networks is gathering pace, progressively shortening the window of opportunity for extended-range technology to shine. Nevertheless, Xiaomi's foray into this market suggests a belief in the enduring potential of what some may consider 'transitional technology.' By the first half of 2026, the market penetration rate of new energy vehicles in China has surged past 56.9%. On social media platforms, numerous influencers are forecasting the imminent decline of extended-range technology within the next five years, likening the purchase of an extended-range vehicle in 2026 to buying a PHS (Personal Handy-phone System) phone in the age of 5G.