The overall weak sales of fuel vehicles have led to a decrease in the resale value of fuel vehicles and a collapse in second-hand car prices, causing more and more fuel vehicle owners to accelerate the replacement of new energy vehicles. Under this cruel elimination round, the most direct impact on the profitability of enterprises is that many joint venture car companies are caught in the storm of dealers and 4S stores closing down. Many car buyers have given feedback that they cannot get the car after paying, and there is no guarantee of after-sales service, resulting in a large number of consumer disputes and rights protection.
New energy vehicles are developing rapidly
The once highly sought after joint venture fuel vehicles have fallen from grace and are powerless against the impact of the new energy wave. There is no other reason for this, as new energy vehicles rely on technological innovation to suppress fuel vehicles, and Chinese consumers have already "demystified" traditional fuel vehicles. New energy vehicles surpass traditional fuel vehicles in terms of power, quietness, and intelligence, especially plug-in hybrids, which integrate functions of fuel, plug-in, extended range, and pure electric. After breaking through the price barrier, fuel vehicles no longer have a competitive advantage, and many users will never choose fuel vehicles again once they have driven new energy vehicles. Moreover, with the rapid development of new energy vehicles in China, Chinese brands are leveraging their core technologies, industrial supply chains, and local brand advantages to bring Electric Scooters with stronger technology, better value, and better prices to Chinese consumers.
