Lei Kang

China's auto industry is facing cyclical swings in the transition to electrification that can't be weathered by price wars and require automakers to stick to brand values, an Nio executive said.

The price war in China's auto industry has intensified the wait-and-see mood among car buyers, and Li Auto's move helps to allay potential consumers' concerns to some extent.

BYD has launched the Dolphin, Tang EV, Atto 3 and Han EV in Jordan, the first stop for the NEV maker to expand into the Middle East market.

The move is based on Gotion's controlling shareholder's recognition of the company's value and confidence in its continued rapid growth, according to an exchange announcement.

FAW-Volkswagen's retail sales of NEVs in January-February were 9,572 units, down 8.3 percent from 10,442 units in the same period last year.

Shenlan is currently selling only one model, the SL03, a Tesla Model 3 competitor, with 4,103 units delivered in February.

BYD's share in February was essentially unchanged from January, while CALB's share grew significantly.

In January-February, China's vehicle sales decreased by 15.2 percent year-on-year while NEV sales increased by 20.8 percent year-on-year.

This article contains 20 tables compiled by CnEVPost based on data from the CPCA, showing which models and car companies sold the most in China in February.

A rare price stampede is taking place in the Chinese auto market.