The China Association of Small and Medium Commercial Enterprises and the Ruijie Data Research Institute recently released data from a survey of Chinese consumers' consumption intentions in the second quarter of 2024. The survey results showed that the proportion of consumers choosing new energy autos (including hybrid and pure electric) exceeded 50%, reaching 53.6%, up 5.9 percentage points on a month-on-month basis, significantly higher than the proportion of consumers choosing fuel-based autos (36.2%). Ruijie Data Research Institute Dean Pan Jiancheng believes that these data indicate that consumer enthusiasm for new energy autos, especially hybrid autos, is continuously heating up, the proportion of consumers who are hesitant in making car purchasing decisions is decreasing, and the market penetration rate of new energy autos is expected to further increase.