Seres Records 20.74% YoY Surge in March NEV Sales, Total Deliveries Up 11.68%

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Seres Group Co., Ltd. (Seres) reported solid growth in March 2026, driven by strong demand for its new-energy vehicles (NEVs).

March 2026 highlights • Total vehicle sales reached 27,484 units, up 11.68% year on year. • NEV sales accounted for 22,706 units, expanding 20.74% from the same period last year and representing 82.62% of the month’s total deliveries. • Within the NEV segment, Seres-branded models delivered 20,234 units, a robust 47.74% YoY increase, while sales of other models fell 17.68% to 4,778 units. • Total production rose 4.49% YoY to 26,609 units; NEV production grew 17.81% to 22,802 units, with Seres models contributing 20,598 units, up 38.92%.

Year-to-date (January–March 2026) performance • Cumulative vehicle sales stood at 88,445 units, advancing 29.37% from the corresponding period in 2025. • NEV sales totaled 78,500 units, up 43.90% YoY and representing 88.75% of total deliveries. • Seres-branded NEV sales climbed to 70,249 units, marking a 55.64% YoY jump, whereas sales of other models decreased 28.02% to 9,945 units. • Total production for the first quarter reached 86,709 units, a 26.47% YoY rise, driven by 77,928 NEVs, up 38.60%.

All figures are preliminary and subject to audit in the Company’s full-year financial results for 2026.

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