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The Biggest 'Winner' of the Surge in Oil Prices: Electric Vehicles!
①The surge in oil prices may ultimately prove to be a boon for electric vehicle manufacturers…… ②Andrew Garberson, Director of Growth and Research at Recurrent, a company that tracks electric vehicle data, stated, 'Affordability was already a core issue for electric vehicles in 2026, and recent events have only further reinforced this trend.'
The majority of automobile stocks in the Hong Kong stock market rose today, with institutions stating that intelligence and lightweight trends are expected to become the two major 'growth drivers' in the automotive industry.
Hong Kong-listed automobile stocks generally rose today. As of the time of writing, Geely Auto increased by over 6%, Leapmotor rose more than 5%, XPeng Motors-W gained nearly 4%, Great Wall Motor climbed over 3%, while Li Auto and Nio both advanced nearly 2%.
Hong Kong-listed automobile stocks collectively rebounded as BYD is set to release its second-generation Blade Battery and flash charging technology, with institutions optimistic about the recovery of passenger vehicle market sentiment.
The automotive sector in Hong Kong's stock market collectively rebounded. As of the time of writing, XPeng Motors surged nearly 5%, Nio gained almost 4%, Guangzhou Automobile Group rose over 3%, Geely Auto increased more than 2%, and BYD experienced a slight uptick.
According to the China Passenger Car Association, the global market share of new energy passenger vehicles in China reached 62.8% in January 2026.
In January 2026, the global market share of new energy passenger vehicles in China reached 62.8%. The overseas market sales share of domestically produced new energy passenger vehicles reached 15.8% in 2025, showing a significant increase.
In January, China's auto sales fell by 3.2% year-on-year, with institutions optimistic about a rebound in market activity after the holiday.
Auto stocks collectively declined. As of press time, Li Auto (02015) fell by 4.11%, trading at HKD 68.9; XPeng Motors (09868) dropped by 3.59%, trading at HKD 68.55; Great Wall Motor (02333) decreased by 2.68%, trading at HKD 13.05; GAC Group (02238) slipped by 2.11%, trading at HKD 3.72.
Express News | Significant breakthrough in core lithium battery technology achieved by Chinese scientists leads to exponential increase in endurance.