Seres Reports Q3 Net Profit of RMB 2.371 Billion, Down 1.74% YoY
With its stellar Q3 earnings, Seres is poised to enter the global capital market at a higher valuation.
Latest in EV news, technologies, data and insights from China market
With its stellar Q3 earnings, Seres is poised to enter the global capital market at a higher valuation.
In the first three quarters, SAIC’s cumulative wholesale vehicle sales reached 3.193 million units, up 20.5% year on year, while retail deliveries totaled 3.378 million units.
The production for the Cybercab is scheduled for 2026, with an annual target of around 2 million units.
From January to August 2025, Hesai ranked second domestically with a 32.8% market share.
The EO is available in 64.2 kWh and 88.1 kWh packs, providing CLTC ranges of 540 km and 722 km, respectively.
The European car market saw a notable rebound in September, with Chinese automakers standing out as the biggest winners.
99% of Chinese EV owners would buy electric again, far exceeding the 87% global average.
In September, China exported 300,000 new energy vehicles, representing a robust growth of 66%.