Seres' February Production, Sales Plunge

MT Newswires Live03-14

Seres' (SHA:601127) total production plunged 43% year over year to 20,470 vehicles in February, according to a Friday filing with the Shanghai Stock Exchange.

New energy vehicle production fell 47% to 16,981 units.

Total sales slid 39% to 21,329 units during the month, with NEV sales falling 41% to 17,841 units, the filing said.

Shares fell 1% during Friday's morning trading.

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