On March 29, during the 2025 China Electric Vehicle Hundred People Forum, the head of the Ministry of Commerce disclosed that China's new energy vehicle market is poised to sustain its rapid growth trajectory this year. Moving forward, the Ministry aims to enhance support for the trade-in of new energy vehicles by implementing policies that encourage the exchange of old vehicles for new ones, thereby unleashing further consumption potential. Additionally, it will prioritize addressing obstacles within the new energy vehicle circulation system, reinforcing supporting measures, and ensuring the seamless flow of the market.
