TREE NEWS reports: Seres reported September new energy vehicle sales of 29,271 units, down 34.48% year on year, with production at 28,387 units, down 37.55%. For the year to date, output totaled 258,000 units, down 16.78%, and sales reached 256,500 units, down 15.79%.
Seres September NEV Sales Fall 34.48% to 29,271 Units
The sharper decline in production than sales suggests Seres is actively throttling output rather than merely clearing inventory, a signal that demand weakness may be structural rather than seasonal. With year-to-date volumes also negative, the company is losing ground in a market that has otherwise been expanding. The key question is whether the sequential trend stabilizes or deteriorates further, and whether Seres' premium EV partnerships can offset the drag from its legacy lineup.
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