Seres' NEV Sales Soars 105%, Output Jumps 97% in October; Shares Up 10%

MT Newswires Live11-04

Seres Group (SHA:601127) sold 36,011 new energy vehicles in October, soaring 105% from a year earlier, according to a Shanghai Stock Exchange disclosure on Saturday.

NEV production jumped 97% year on year to 35,885 units.

Between January and October, the Chinese auto manufacturer's NEV sales surged 311% year on year to 352,724 units and NEV output skyrocketed 313% year on year to 357,171 units, the disclosure said.

The company's shares jumped 10% in recent morning trade.

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