Seres' NEV Sales Soar 265%, Output Surges 313% in September; Shares Up 7%

MT Newswires Live10-08

Seres Group (SHA:601127) sold 37,407 new energy vehicles in September, jumping 265.1% from a year earlier, according to a Tuesday disclosure on the Shanghai Stock Exchange.

The Chinese automotive manufacturer's NEV output during the month soared 312.9% year on year to 37,416 units.

Between January and September, NEV sales surged 364.2% year on year to 316,713 units and the company produced 321,286 NEVs, up 370.1% from the prior year, the disclosure added.

Shares of the company jumped less than 7% in recent trade.

Price (RMB): Â¥96.56, Change: Â¥+6.1, Percent Change: +6.79%

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