---
title: "Seres Group Posts Strong Year-to-Date NEV Growth as Seres Models Outpace Wider Portfolio"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285187884.md"
description: "Seres Group Co. Ltd. reported a 24% year-to-date increase in new energy vehicle (NEV) production, with April output at 34,491 units. Sales for April reached 33,132 units, marking a 5.22% annual rise and nearly 30% growth year-to-date. The growth is driven by Seres-branded models, despite a decline in other models. The company is focusing on its flagship Seres line, indicating a strategic shift that may impact capacity allocation and profitability in the competitive Chinese EV market."
datetime: "2026-05-05T10:08:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285187884.md)
  - [en](https://longbridge.com/en/news/285187884.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285187884.md)
---

# Seres Group Posts Strong Year-to-Date NEV Growth as Seres Models Outpace Wider Portfolio

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Seres Group Co. Ltd. Class H ( (HK:9927) ) has provided an update.

Seres Group reported April 2026 production of 34,491 new energy vehicles, up slightly year on year, with year-to-date NEV output rising over 24%, underscoring robust momentum in its electrified portfolio. Within this, Seres-branded models drove growth with double-digit increases in both monthly and cumulative production and sales, while other models declined sharply, and total vehicle volumes dipped in April but remained solidly higher on a year-to-date basis, highlighting a strategic shift toward its flagship Seres line despite short-term volatility.

The company’s April NEV sales reached 33,132 units, a 5.22% annual increase, pushing year-to-date NEV sales up nearly 30%, which may strengthen its competitive positioning in China’s EV market. However, the drop in production and sales of non-Seres models and a slight April contraction in total output and sales point to a more concentrated product mix, with implications for capacity allocation, profitability, and brand strategy as the group leans more heavily on its Seres range.

**More about Seres Group Co. Ltd. Class H**

Seres Group Co., Ltd. is a Chinese automotive manufacturer focused on new energy vehicles, including its core Seres-branded models and other NEV product lines. Listed in Hong Kong under stock code 9927, the group targets the fast-growing electric and hybrid vehicle market in China and abroad, competing in an increasingly crowded segment of the auto industry.

**Average Trading Volume:** 788,270

**Technical Sentiment Signal:** Strong Sell

Learn more about 9927 stock on TipRanks’ Stock Analysis page.

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