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Seres Forecasts H1 2026 Loss as Rising Costs and Model Upgrades Hit Profits
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Seres Forecasts H1 2026 Loss as Rising Costs and Model Upgrades Hit Profits
Workers inspect vehicle exteriors, interiors and other components at a Seres factory. (Photo/Chongqing Daily) Chongqing - Recently, Seres Group forecast a net loss of 1.5 billion yuan (approx. 221.46 million U.S. dollars) to 1.8 billion yuan for the first half of 2026, a sharp reversal from the 2.941 billion yuan profit recorded in the same period last year. Headquartered in Chongqing, Seres Group is an automaker focused on new energy vehicles (…
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