In mid-December, there was only half a month left in the NEV purchase tax reduction policy, and the end-of-life subsidy was also in the process of alternating and optimizing old and new policies. The reporter recently visited the first-tier car market and found that the last-line effect of the policy failed to stimulate the buying boom as scheduled. Instead, it highlighted the market's adaptation pain and rational choices in the face of adjustments after a long period of policy dependency. There is a strong wait-and-see attitude in the car market, and consumers are waiting with bated breath for the new “state subsidy” policy after next year's optimization. Shanghai Convergence Center is the largest shopping center in Changning District. Many brands such as NIO, Ideal, Xiaopeng, Xiaomi, Zhiji, and Weipai have showrooms here. Recently, the reporter visited a number of stores here and found that NIO had purchase tax countdown cards in front of the showroom, while other stores mainly displayed their own promotional activities. The reporter learned from sales staff of a number of car brands that according to their expectations, there should be a wave of market explosions in December, but the market in December this year was almost the same as in November. Market conditions were still calm, not as the outside world said. In order to get the purchase tax, they had to rush to complete the car purchase process a few years ago. Although the central government has made it clear that it will continue and optimize the national supplement policy in 2026, the industry is cautious about the stimulus effects of the policy. Beginning in the second half of this year, a number of automobile industry chain companies have expressed their concerns to reporters. They generally believe that the decline in policy may lead to more severe stock competition in the industry.

In mid-December, there was only half a month left in the NEV purchase tax reduction policy, and the end-of-life subsidy was also in the process of alternating and optimizing old and new policies. The reporter recently visited the first-tier car market and found that the last-line effect of the policy failed to stimulate the buying boom as scheduled. Instead, it highlighted the market's adaptation pain and rational choices in the face of adjustments after a long period of policy dependency. There is a strong wait-and-see attitude in the car market, and consumers are waiting with bated breath for the new “state subsidy” policy after next year's optimization. Shanghai Convergence Center is the largest shopping center in Changning District. Many brands such as NIO, Ideal, Xiaopeng, Xiaomi, Zhiji, and Weipai have showrooms here. Recently, the reporter visited a number of stores here and found that NIO had purchase tax countdown cards in front of the showroom, while other stores mainly displayed their own promotional activities. The reporter learned from sales staff of a number of car brands that according to their expectations, there should be a wave of market explosions in December, but the market in December this year was almost the same as in November. Market conditions were still calm, not as the outside world said. In order to get the purchase tax, they had to rush to complete the car purchase process a few years ago. Although the central government has made it clear that it will continue and optimize the national supplement policy in 2026, the industry is cautious about the stimulus effects of the policy. Beginning in the second half of this year, a number of automobile industry chain companies have expressed their concerns to reporters. They generally believe that the decline in policy may lead to more severe stock competition in the industry.