MB-LEAP@EC2608A(27651.HK)

On Tuesday (January 20), the Bloomberg Electric Vehicle Price Return Index fell by 0.70%, closing at 3580.45 points. The index experienced a significant drop around 10:00 AM Beijing time, and then maintained around 3580 points. Among the constituent stocks, Ola Electric Mobility Ltd. fell by 8.87%, PONY-W dropped over 6%, Weimob Holdings fell by 4.68%, and Tesla declined by over 4%. Meanwhile, Zhejiang Leapmotor rose by 1.20%, STMicroelectronics increased by 1.51%, Chilean Chemical and Mining Company rose by over 2.8%, Antofagasta PLC increased by 3%, and Albemarle Corporation rose by over 5%

08:32 ET Global Traffic Congestion Rankings Released: LEPAS L8 Redefines the Mobility Experience with Elegant Driving

In December 2025, INRIX released its 2025 Global Traffic Scorecard, revealing worsening traffic congestion in over half of the analyzed cities. In response, LEPAS introduced the LEPAS L8, a vehicle designed to enhance the driving experience in congested conditions. It features advanced intelligent technologies, including an intelligent driver assistance system and a 360° panoramic view, to reduce driver stress and improve navigation. With a driving range of over 1,300 kilometers and high fuel efficiency, the LEPAS L8 aims to redefine urban mobility and provide a more comfortable driving experience.

Leapmotor Leads as 11 Chinese Automakers Set 2026 Sales Growth Targets

Eleven Chinese automakers have set their sales targets for 2026, with Leapmotor leading at a 68% growth goal, aiming to sell one million vehicles. Other startups like Xpeng and Nio target 28-50% growth, while traditional automakers like Great Wall Motor aim for a 36% increase. Despite these ambitious targets, analysts predict modest overall market growth due to the end of NEV tax exemptions and reduced subsidies, forecasting a 1% rise in total vehicle sales in China this year.

Leapmotor B03X celebrates European debut

Leapmotor has made its European debut with the B03X, a battery-electric vehicle previously known as the A10 in China, at the Brussels Motor Show. The model is part of Leapmotor's strategy to expand in Europe, a key region for its growth. The B03X is built on a new global platform and aims to meet international standards. The company also showcased the B05, a sporty SUV, and a range-extender hybrid variant of the B10. Prices for the B10 with range extender are yet to be announced, while the battery-electric version starts at €29,990.

The Hang Seng Index closed up 0.9%, and the Hang Seng Tech Index rose 0.11%

36Kr learned that the Hang Seng Index rose by 0.9%, and the Hang Seng Tech Index increased by 0.11%; the automotive, precious metals, and biotechnology sectors led the gains, with WuXi AppTec rising over 8%, LEAPMOTOR, XPeng, and ZIJIN MINING rising over 2%; the software services, media, and telecommunications sectors weakened, with Zhizhu falling over 12%, Lehua Entertainment falling over 3%, and China Unicom falling over 1%; southbound funds had a net purchase of HKD 1.296 billion