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Cui Dongshu: The new energy vehicle market in 2026 is in the recovery period following tax subsidy adjustments
Chui Dongshu announced that the new energy vehicle purchase tax exemption policy, which has been in effect since September 2014, will officially end at the end of December 2025. After that, in 2026, the new energy vehicle market will be in a period of tax subsidy adjustment recovery. Some consumers enjoyed policy benefits early in 2025, leading to a certain amount of front-loading effects in January and February of this year. This is an expected short-term fluctuation and does not represent the long-term market trend. However, this year is a year with a later Spring Festival and a major consumption year, with differentiated growth in the auto market. The performance of new energy vehicles is not strong, and more policy support is still needed. (People’s Financial News)