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Seres 2026 Q1 Revenue Surges on NEV Sales, Profit Margins Lag
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Seres 2026 Q1 Revenue Surges on NEV Sales, Profit Margins Lag
An Aito new energy vehicle is about to roll off the production line at Seres’ factory in Chongqing. (Photo/Li Yuheng) Chongqing - Seres, a new energy vehicle (NEV) maker in Chongqing, recently released its financial report of 2026 Q1, reporting revenue of 25.75 billion yuan (3.79 billion U.S. dollars), up 34.5% year-on-year. The growth is closely linked to strong sales of its new energy vehicles. Data from Seres show that cumulative sales of Ser…
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