During the "2025 China Auto Chongqing Forum," held in Chongqing on June 6, Wang Xia, President of the China Chamber of Commerce for the Automotive Industry, emphasized that the technical rivalry within China's electric vehicle industry outshines price wars. Following the competition over range, charging speed, and in-vehicle functionalities, emerging technologies such as solid-state batteries, large models, AI applications, and intelligent driving continue to surface. Nonetheless, the frequent incidents of battery fires and autonomous driving malfunctions serve as stark reminders that the competition in new technologies must prioritize safety. Wang Xia contends that mergers and acquisitions represent an inevitable consequence and a crucial strategy to address industry "involution," aligning with the principles of market economics and marking a phenomenon of industry maturation.