2026 is the inaugural year of the 14th Five-Year Plan and an important opportunity period for the development of intelligent connected new energy vehicles. Currently, as the local two sessions conclude one after another, the full texts of government work reports from various regions are also being released. Journalists have reviewed these government work reports and found that consumption-driven, innovation-driven, and regional coordinated development will jointly promote the high-quality development of the automotive industry in 2026. Industry insiders say that the automotive market is currently shifting from “policy-driven” to “product-driven,” gradually moving from “policy subsidies” to “product innovation” as the main driving force. (Economic Reference News)
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Shifting from "Policy-Driven" to "Product-Driven": Local Two Sessions Chart a New Path for the Automotive Industry
2026 is the inaugural year of the 14th Five-Year Plan and an important opportunity period for the development of intelligent connected new energy vehicles. Currently, as the local two sessions conclude one after another, the full texts of government work reports from various regions are also being released. Journalists have reviewed these government work reports and found that consumption-driven, innovation-driven, and regional coordinated development will jointly promote the high-quality development of the automotive industry in 2026. Industry insiders say that the automotive market is currently shifting from “policy-driven” to “product-driven,” gradually moving from “policy subsidies” to “product innovation” as the main driving force. (Economic Reference News)