SERES April NEV sales reach 33,132 units; January-April cumulative 111,632 units, up 29.74% YoY
SERES Group reported April NEV sales of 33,132 units, a 5.22% year-over-year increase, and cumulative sales of 111,632 units for the first four months, up 29.74%.
33,132 units
111,632 units
29.74%
What Happened
SERES Group reported April NEV sales of 33,132 units, a 5.22% year-over-year increase. Cumulative sales for the first four months of 2026 reached 111,632 units, up 29.74% year over year. The company also posted first-quarter revenue of RMB 25.75 billion, up 34.5% year over year, and net profit attributable to shareholders of RMB 750 million.
111,632units
Up 29.74% year over year compared to Jan-Apr 2025
- AITO M6 launched on April 22, now in large-scale deliveries
- All-new AITO M9 series pre-orders opened on April 22, cumulative reservations surpass 35,000 units
- AITO debuted in Brand Finance 2026 Global Automotive Brand Value 100 at USD 3.45 billion, ranking first among Chinese luxury brands and only Chinese in top 10 luxury
Why this matters
The sales growth highlights SERES's continued momentum in the NEV market, supported by new models like the AITO M6 and M9, which are driving strong market response and reinforcing AITO's luxury standing.
Terms in This Story
- NEV
- New Energy Vehicle, a vehicle powered by alternative energy such as electricity or hydrogen.
- RMB
- Renminbi, the official currency of China.
- AITO
- A luxury electric vehicle brand under SERES Group.
Summarised from the linked release; details can be imperfect — always verify against the original source.