Core Viewpoint - The announcement from the Ministry of Industry and Information Technology and other departments adjusts the technical requirements for new energy vehicles (NEVs) in response to the planned halving of the vehicle purchase tax in 2026, aiming to enhance the overall technical standards and promote high-quality development in the industry [1][2][3] Group 1: Technical Adjustments - The electric range requirement for plug-in hybrid electric vehicles (PHEVs), including range-extended models, has been significantly increased from 43 kilometers to no less than 100 kilometers, marking a 132% increase [1][2] - The new technical requirements for PHEVs will be categorized based on vehicle curb weight, introducing a new category for vehicles weighing 2510 kg and above to ensure energy consumption standards are met [2] - The energy consumption limit for pure electric passenger vehicles has been updated from the 2021 standard to the 2025 version, which will take effect on January 1, 2026 [1] Group 2: Market Impact - In the first nine months of 2025, approximately 2.94 million plug-in hybrid vehicles were sold in China, accounting for 30.7% of total NEV sales, with range-extended hybrids making up 8.7% [2] - The adjustments are expected to help phase out outdated production capacity and elevate the overall technical level of new energy vehicles [3] - The announcement does not impose fuel consumption requirements on non-gasoline plug-in hybrid vehicles, allowing for diverse development paths in new energy technologies [3]