--- title: "Ministry of Industry and Information Technology: We will take targeted measures to promote high-quality development and strive to maintain the good momentum of the new energy vehicle industry" type: "News" locale: "en" url: "https://longbridge.com/en/news/225643962.md" description: "Zhang Yunming, Vice Minister of the Ministry of Industry and Information Technology, stated at a press conference held by the State Council Information Office that we are also clearly aware that the new energy vehicle industry is facing new situations and challenges such as intensified domestic competition and high international trade barriers. In the next step, we will focus on promoting high-quality development and take targeted measures to strive to maintain the good momentum of the new energy vehicle industry's development. First, strengthen technological innovation in enterprises. Deeply implement the national key research and development plan, and accelerate breakthroughs in key core technologies such as new system batteries. Second, increase market promotion efforts. Implement preferential policies such as vehicle trade-in and tax reductions for new energy vehicle purchases, and actively expand new energy vehicle consumption. Formulate guiding opinions to promote the development of battery swapping models, enhance the promotion of comprehensive electrification pilot projects for vehicles in the public sector, and deepen the application in key areas. Third, improve the level of green development. Optimize the \"dual credit\" management policy, explore the management of automotive carbon emissions and carbon footprints of automotive power batteries, and promote the international mutual recognition of accounting standards and results" datetime: "2025-01-21T07:53:15.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/225643962.md) - [en](https://longbridge.com/en/news/225643962.md) - [zh-HK](https://longbridge.com/zh-HK/news/225643962.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/225643962.md) | [繁體中文](https://longbridge.com/zh-HK/news/225643962.md) # Ministry of Industry and Information Technology: We will take targeted measures to promote high-quality development and strive to maintain the good momentum of the new energy vehicle industry On January 21, Jinshi Data reported that Zhang Yunming, Vice Minister of the Ministry of Industry and Information Technology, stated at a press conference held by the State Council Information Office that we are also clearly aware that the new energy vehicle industry is facing new situations and challenges such as intensified domestic competition and high international trade barriers. In the next step, we will focus on promoting high-quality development and take targeted measures to strive to maintain the good momentum of the new energy vehicle industry's development. First, strengthen technological innovation in enterprises. Deeply implement the national key research and development plan and accelerate breakthroughs in key core technologies such as new system batteries. Second, increase market promotion efforts. Implement preferential policies such as vehicle trade-in and tax reductions for new energy vehicle purchases, and actively expand the consumption of new energy vehicles. Develop guiding opinions to promote the development of battery swapping models, enhance the promotion of comprehensive electrification pilot projects for public sector vehicles, and deepen the promotion and application in key areas. Third, improve the level of green development. Optimize the "dual credit" management policy, explore the management of carbon emissions from vehicles and the carbon footprint of automotive power batteries, and promote the international mutual recognition of accounting standards and results ### Related Stocks - [NIO Inc (NIO.SG)](https://longbridge.com/en/quote/NIO.SG.md) - [NIO Inc (NIO.US)](https://longbridge.com/en/quote/NIO.US.md) - [NIO-SW (09866.HK)](https://longbridge.com/en/quote/09866.HK.md) ## Related News & Research - [Nio to launch 2026 ES6, EC6, ET5, and ET5 Touring on Apr 2](https://longbridge.com/en/news/281291925.md) - [Here's How Much $100 Invested In abrdn Physical Silver Shares ETF 10 Years Ago Would Be Worth Today](https://longbridge.com/en/news/281394387.md) - [Destiny Tech100 Stock Rises After SpaceX IPO Rumors](https://longbridge.com/en/news/281415250.md) - [BREAKINGVIEWS-SpaceX IPO will gauge market moxie more than depth](https://longbridge.com/en/news/281406751.md) - [Palantir vs. Oracle: 1 AI Stock Looks Cheap](https://longbridge.com/en/news/281400403.md)