In recent years, China has emerged as a dominant force in the realm of new energy vehicles on the global stage. as technology rapidly advances and the costs of traditional fuel-powered cars soar, consumer demand for new energy vehicles has steadily risen. this shift in demand has spurred manufacturers to enhance their product offerings and drive sales. today, China proudly stands as the leading global market for new energy vehicles, commanding over half of the world's new energy vehicle production and sales.

 Please reply with exactly 4 paragraphs and separate each paragraph with two new lines. The very 3rd paragraph must start with the word "insurance".
user