
Seres, ByteDance partner on new car brand with DeepRoute expected as ADAS provider

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Seres Group, in partnership with ByteDance's Volcengine, is launching a new car brand named Saidou this June. The venture involves significant restructuring, with Chongqing state-backed Shaci Zhiyuan becoming the largest shareholder and CATL investing. DeepRoute will provide the ADAS solution, while Volcengine integrates AI for cockpit experiences. The first model, an SUV-sedan hybrid offering BEV and EREV options, aims to diversify Seres' business beyond its Huawei partnership.
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