Seres Group's Q1 R&D Expenditure Soars Over 70% Year-on-Year as Cube Technology Platform Emerges as New Growth Engine

Deep News
05/09

While many automakers are still grappling with a "price war," Seres Group has successfully positioned itself in the "deep waters of technology." A review of Seres Group's latest quarterly report reveals impressive figures: revenue reached 25.75 billion yuan, a year-on-year increase of 34.5%; net profit was 750 million yuan; sales of new energy vehicles totaled 78,500 units, up 43.9% year-on-year. However, what stands out more is its R&D expenditure of 1.79 billion yuan, surging 70.7% year-on-year. The Seres Cube Technology Platform epitomizes this high-intensity R&D investment and serves as a response to the era of "AI-defined vehicles." The strength of the Cube Technology Platform lies not in any single technology but in its system-level reconfiguration. It integrates diverse power systems, cockpit-driver synergy, intelligent chassis, smart central system, intelligent safety, and smart services, transforming the vehicle from a mere means of transportation into an embodied intelligent entity capable of thinking, sensing, and evolving sustainably. In terms of diverse power systems, the extended-range and pure electric platforms operate in parallel, complemented by intelligent energy management that coordinates multi-domain intelligent control with AI cloud control, ensuring energy efficiency is maximized. For cockpit-driver synergy, the Qiankun Intelligent Driving ADS 5 enables full-domain, map-free navigation, while the HarmonySpace 6 cockpit offers exceptionally smooth performance, with the XiaoYi intelligent assistant evolving to the level of an "experienced driver." The intelligent chassis features millisecond-level response in steer-by-wire and braking systems, with fully active hydraulic suspension smoothing out road bumps. The smart central system adopts a central + zonal control architecture, achieving "brain + cerebellum" coordination, with redundancy across control, power, and communication domains, paving the way for L4 evolution. For intelligent safety, it provides all-scenario three-dimensional protection, from body structure to satellite communication and V2V beyond-visual-range warnings, ensuring safety is always online. In terms of smart services, 24/7 cloud-based monitoring, AI intelligent inspection, and predictive proactive services address issues before they arise. What drives Seres Group's sustained growth? The quarterly report provides the financial answer, while the Cube Technology Platform offers the technological answer. It is not merely an upgrade but a comprehensive reconfiguration, accelerating the journey toward "vehicle-level L4 embodied intelligence."

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