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Core Viewpoint - The announcement regarding the adjustment of tax incentives for energy-saving and new energy vehicles aims to align with technological advancements and promote high-quality development in the industry, effective from January 1, 2026 [2][4][5]. Summary by Sections Announcement Details - The new policy will be implemented starting January 1, 2026, replacing the previous regulations [4]. - New energy vehicle models applying for tax incentives must meet the updated technical requirements outlined in the new directory, which will be effective from the 82nd batch onwards [4]. Technical Requirements - The technical requirements for new energy passenger vehicles have been raised, including a minimum electric driving range of 100 kilometers for plug-in hybrid vehicles, up from the previous requirement of 43 kilometers [5]. - The adjustments are intended to ensure that policies keep pace with rapid advancements in vehicle range and engine technology, encouraging companies to invest in research and development [5]. Specific Adjustments - The announcement includes updates to fuel consumption limits for energy-saving vehicles and new energy vehicles, as detailed in attachments [6]. - The technical requirements for various vehicle categories, including passenger cars, buses, trucks, and fuel cell vehicles, have been specified, with particular emphasis on energy consumption and range [16][18][20][21]. Implications for the Industry - The changes are expected to guide enterprises towards higher research and development investments, phasing out outdated products, and shifting the industry focus from scale expansion to high-quality development [5].