The China Association of Automobile Manufacturers (CAAM) has recently launched an initiative, emphasizing the importance of maintaining a fair competition environment and fostering healthy industry growth. Over the past few years, China's new energy vehicle industry has witnessed remarkable growth, with new vehicle sales comprising over 40% of the total market, and the overall industry performance remains stable and on an upward trajectory, continuously unleashing market potential. Nonetheless, the industry's profitability has recently taken a hit, with an unruly "price war" emerging as a pivotal factor contributing to this decline. This form of "involutionary" competition not only jeopardizes product after-sales service guarantees and enterprise investments in innovation and development but also significantly disrupts the normal operations of businesses, endangers the stability of the industrial and supply chains, and propels industrial development into a vicious cycle.