Will gasoline vehicles be phased out with the emergence of new energy vehicles?

[VonJoel]

New energy vehicles will not replace gasoline vehicles in the short term, primarily because the production volume of new energy vehicles cannot meet demand, and the variety of models produced cannot fully substitute for gasoline vehicles, such as high-power cranes. Additionally, the existing stock of gasoline vehicles is substantial, meaning they will coexist with new energy vehicles for a certain period. While the sales of new energy vehicles are increasing year by year, and there is significant optimism about their development, technological and time constraints remain. Many manufacturers are now planning to reduce or halt the production of gasoline vehicles to focus on new energy vehicles, which will undoubtedly accelerate the phase-out of gasoline vehicles. However, it is unlikely that gasoline vehicles will be completely eliminated in the near future.