---
title: "Seres Group’s July NEV Output and Sales Slump as Core Seres Models Weaken"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294727375.md"
description: "Seres Group reported a sharp decline in July 2026 NEV production and sales, down 44.47% and 45.65% year-on-year respectively, driven by significant drops in its core Seres-branded models. Year-to-date figures also show declines in both production and sales. The slump highlights sustained volume pressure on the company's mainline business, impacting revenue expectations despite minor growth in other model lines."
datetime: "2026-08-03T14:41:55.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294727375.md)
  - [en](https://longbridge.com/en/news/294727375.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294727375.md)
generator: "portal-rs"
---

# Seres Group’s July NEV Output and Sales Slump as Core Seres Models Weaken

An announcement from Seres Group Co. Ltd. Class H ( (HK:9927) ) is now available.

Seres Group Co., Ltd. reported July 2026 production of 24,577 new energy vehicles, down 44.47% year on year, and sales of 24,229 units, down 45.65%, with Seres-branded models bearing the steepest declines. Year-to-date, NEV production fell 7.51% to 204,914 units and sales slipped 6.31% to 203,006, while total vehicle output and sales dropped around 10% and 9% respectively, indicating sustained volume pressure despite some growth in certain non-Seres models.

The data underscore a challenging period for the company’s core Seres models, which saw production and sales declines of about 50% in July, suggesting either softer demand, product transitions, or capacity adjustments in its mainline business. Although some other models posted monthly production growth, their smaller scale and weaker year-to-date performance limit their ability to offset the downturn in Seres-branded vehicles, posing implications for revenue, market share, and investor expectations as the company moves through 2026.

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

Seres Group Co., Ltd. is a Chinese automaker focused on new energy vehicles, including its core Seres-branded models and other NEV offerings, and is listed in Hong Kong under stock code 9927. The company operates within the rapidly evolving NEV sector, where production scale, sales momentum, and model mix are critical to its competitive positioning and market performance.

**Average Trading Volume:** 1,664,302

**Technical Sentiment Signal:** Strong Sell

**Current Market Cap:** HK$120.3B

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**