Seres Group Co.,Ltd. (601127.SH) has announced its July sales figures for new energy vehicles (NEVs), reporting a total of 24,229 units sold, which represents a significant year-over-year decline of 45.65%.
The company's performance was primarily driven by its SERES brand vehicles, which accounted for 20,480 units of the total sales. This segment experienced a sharper drop of 50.86% compared to the same period last year.
The data highlights a challenging month for the automaker, contrasting with the broader industry trends in the new energy vehicle market.
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