A BYD showroom in Beijing. China’s passenger vehicle sales rose 4.7% in February from a year earlier to 1.27 million units, helped by particularly strong growth from new-energy vehicles. Deliveries of NEVs soared about 180% to 272,000 units, led by Warren Buffet-backed BYD Co. Ltd. , which shipped 87,473 hybrid and pure-electric vehicles in February. U.S. electric car pioneer Tesla Inc. delivered 56,515 cars from its Shanghai factory — 23,200 for the domestic market and 33,315 for export. NEVs present a major growth opportunity, China Passenger Car Association Secretary General Cui Dongshu said at a news conference Tuesday when sales figures were announced. He said automakers should “grab the opportunity” to expand volume. “Global tension” may only have a limited impact on the supply chain longer term but could affect automakers’ profitability, he said. “We should aim at fulfilling our production targets” no matter how expensive raw materials become, […]