The implementation of the trade-in policy for older vehicles has significantly bolstered the domestic automobile market, achieving year-over-year growth exceeding 10%. Notably, the market share of new energy vehicles (NEVs) continues to climb, fostering the industry's transformation and upgrading. Looking ahead, the anticipated continuation of supportive policies in the second half of the year, coupled with an increase in the supply of new vehicles, is expected to propel sustained growth in automobile consumption and ensure the stable operation of the automobile industry.