Seres June 2026 NEV Sales Drop 26.94% YoY; Year-to-Date Volume Still Up 3.87%

Bulletin Express
07/01

Seres Group Co., Ltd. (Seres) released preliminary production and sales data for June 2026, highlighting a sharp year-on-year contraction in the month but modest growth on a cumulative basis.

New-energy vehicles (NEVs) remained the core driver, accounting for more than 95% of the Company’s output. June NEV sales fell 26.94% year-on-year to 33,669 vehicles, while production dropped 27.24% to 33,685 vehicles. Despite the monthly decline, year-to-date NEV sales inched up 3.87% to 178,777 vehicles, and production edged 1.71% higher to 180,337 vehicles.

Within NEVs, Seres-branded models represented roughly nine-tenths of volume. June sales of Seres models slipped 30.19% year-on-year to 30,331 vehicles, with production down 31.72% to 29,558 vehicles. Year-to-date, however, Seres models achieved sales growth of 5.60% to 160,770 vehicles and production growth of 2.68% to 161,183 vehicles.

Sales of other models declined 40.67% year-on-year in June to 2,525 vehicles, and production dropped 53.90% to 1,926 vehicles. On a cumulative basis, these models remained in negative territory, with sales down 32.81% at 17,803 vehicles and production down 37.77% at 15,733 vehicles.

Including all product lines, total June production fell 29.45% year-on-year to 35,611 vehicles, and total sales fell 28.10% to 36,194 vehicles. For the first six months of 2026, total production reached 196,070 vehicles, down 3.22%, while total sales came in at 196,580 vehicles, down 1.02%.

Management emphasized that the reported figures are preliminary and subject to audit in the Company’s 2026 annual results.

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