DesireforNewPowerisStrong:TimetoLowerConsumptionTaxInsightsonPurchaseDecision–Power(2024)TengYiResearchInstitute（YicheResearchInstitute）AuthorsLijunZhouDirector/ChiefAnalystzhoulijun1@yiche.comYingGaoIndustryAnalystgaoying1@yiche.comBenyaShiIndustryAnalystshibenya@yiche.comQiangZhangVisualDesignerzhangqiang9@yiche.comDesireforpower:buyerpreferenceonvehicleabilitytoprovideinstantaneousandcontinuousstrongpowerduringstart,acceleration,takeover,hillclimbandbreakawayWhileChina’scarmarketgrewvigorouslyoverthepasttwodozenyearsorso,smalldisplacementlowvalue-addproductsprimarilypoweredby1.5Lor1.6Lenginesdominatedsalesbutdidnotcontributegreatlytocorporateprofit...