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On September 3, as reported by Cailian Press, at the '2026 World Dynamic Battery Conference', Yin Tongyue, the Chairman of Chery Holdings Group, highlighted that from January to July of this year, the penetration rate of new - energy vehicles in China has surpassed 50%. However, the industry is still grappling with a host of challenges. He pointed out that the automotive industry, a prime example of industrial manufacturing and a significant contributor to tax revenue, suffers from a relatively low overall profit margin. Furthermore, he emphasized that electrification is not synonymous with 'greening'. A large number of electric vehicles still depend on thermal power for both charging and manufacturing processes. Consequently, the carbon emissions throughout their entire lifecycle remain relatively high.
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