It was previously reported that Seres Automobile sold 14,506 vehicles in October, a year-on-year increase of 20.41%. At the same time, AITO Automobile delivered 12,700 vehicles in October, including 10,547 new AITO M7 vehicles. The monthly delivery of a single model exceeded 10,000, setting a record high. The total number of AITO models in October reached 57,829.

It is worth mentioning that AITO reached a cooperation with Energy Chain Smart Electric in May this year, and more than 50,000 Energy Chain smart electric charging piles are connected to AITO charging services.

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Judging from the cumulative total of this year, the revenue of Cyrus Group in the first three quarters was 16.68 billion RMB, a year-on-year decrease of 27.86%, and the net loss was 2.294 billion RMB, which was approximately 2.675 billion RMB in the same period last year. The revenue situation began to improve.

Thalys Group stated that the main reason for the change in revenue in this quarter was the year-on-year decline in sales. The new product, the new M7 series, was released and delivered in late September. As the company’s products are gradually delivered, operating income is expected to increase significantly.

It was previously reported that the September production and sales report data released by Thalys Group earlier this month showed that the brand achieved production of 17,270 vehicles that month, a year-on-year decrease of 41.11%, and sales of 17,952 vehicles, a year-on-year decrease of 37.93%.

The production and sales of new energy vehicles were 9,062 and 10,246 respectively, a year-on-year decrease of 51.68% and 41.77%. Among them, the production and sales of Cyrus cars were 6,101 and 7,125 units, a year-on-year decrease of 45.74% and 29.75%.

For comparison, Thalys’s new energy vehicle production and sales in August were 5,711 and 6,243 units respectively.

Entering September and October this year, the popularity of AITO new M7, M9 and other models jointly designed by Huawei and Thalys continues to increase. According to Huawei Managing Director, Terminal BG CEO, and Smart Car Solutions Chairman Yu Chengdong, as of 10:00 on October 7, a total of 55,506 new M7 units have been ordered. Another flagship model, the AITO M9, which will be released in December, also enjoys high popularity: as of October 25, the number of reservations for this model exceeded 15,000.

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During the brand launch conference, Zhang Xingyan, President of Seres Automotive’s Overseas Business Unit, signed a contract with Brazilian customer representatives, marking the brand’s full entry into the Brazilian market, South America’s largest economy. At the same time, the SERES brand’s global strategic model SERES 5, positioned as a “high-end sports luxury electric SUV”, has fully entered the Brazilian market.

▲ Picture source: Seres official, the same below

José Augusto Brandimarti, Chief Operating Officer of Seres Brand Brazil, said that this agreement demonstrates Seres confidence in the South American market and opens up broad prospects for the brand’s future development. Currently, Thalys’ new headquarters in Brazil has begun trial operation, and its showroom in Sao Paulo, Brazil has opened services and provides product test drives.

Judging from the official pictures, while SERES 5 was officially announced to enter the Brazilian market, SERES 7, which corresponds to the domestic M7, was also unveiled at the event. The appearance of the car is expected to be consistent with the domestic version, and it will have the AITO brand LOGO hanging on it.

It was previously reported that the September production and sales report data released by Thalys Group earlier this month showed that the brand achieved production of 17,270 vehicles that month, a year-on-year decrease of 41.11%, and sales of 17,952 vehicles, a year-on-year decrease of 37.93%.

The production and sales of new energy vehicles (including but not limited to AITO ) were 9,062 and 10,246 respectively, a year-on-year decrease of 51.68% and 41.77%. Among them, the production and sales of Seres cars were 6,101 and 7,125 units, a year-on-year decrease of 45.74% and 29.75%.

For comparison, Thalys’s new energy vehicle production and sales in August were 5,711 and 6,243 units respectively.

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Overall, Thalys Group sold 14,632 vehicles in August, a year-on-year decrease of 28.17%.

According to previous reports, the operating income of Cyrus Group in the first half of 2023 was 11.032 billion yuan, a year-on-year decrease of 11.14%; the net profit loss attributable to the owners of the parent company was 1.344 billion yuan, and the net loss in the same period last year was 1.727 billion yuan. Narrow; basic earnings per share -0.9 yuan.

In the first half of this year, Seres sales totaled 92,163 vehicles, a year-on-year decrease of 26.66%. Among them, Seres Automobile’s cumulative sales in the first half of the year were 25,761 vehicles, a year-on-year increase of 19.37%.

In July this year, Seres sold 6,934 new energy vehicles (including but not limited to AITO Qianjie), a year-on-year decrease of 47.83%.

At present, many car companies have announced delivery data for August 2023. Summary of it as follows:

 Voyah Automobile sold 4,009 vehicles in August: a year-on-year increase of 65%, setting a new high in the brand’s history

 Smart cars delivered 3,201 units in August, bringing the total delivered this year to 31,033 units

 Wuling Bingo model sold 20,188 units in August, and cumulative sales have exceeded 100,000 units

 GAC Aion’s vehicle terminal deliveries reached 52,057 vehicles in August

 Skyworth Automobile delivered 3,693 units in August: 987 units were exported overseas, a year-on-year increase of 132.41%

 SAIC General Motors delivered 8,017 new energy vehicles in August, a year-on-year increase of 55.5%

 Deep Blue Auto delivered 14,736 units in August, and the S7 model delivered 10,039 units in a single month.

 Hozon Auto delivered 12,103 vehicles across its entire series in August, a month-on-month increase of 21%

 Leapmotor: 14,190 new cars delivered in August, sales of C11 series exceeded 10,000 in a single month

 GAC Toyota sold 79,757 vehicles in August, of which the forward Landa sold 19,839 units

 Li Auto delivered a total of 34,914 vehicles in August, with all three models exceeding 10,000 yuan

 Zhiji LS7 model sold 1,537 units in August, and all NOA highways nationwide will be opened by the end of the year

 BAIC Blue Valley: Sales of new energy vehicles in Beijing reached 7,878 in August, a year-on-year increase of 90.15%

 Seressales of new energy vehicles (including AITO Wenjie) in August were 6,243 units, a year-on-year decrease of 57.37%

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The officially obtained, SERES 5 is equipped with a front AC asynchronous motor + rear permanent magnet synchronous motor, 4WD combination of the total power of 430kW, 100 km acceleration of 3.7 seconds; chassis large area of aluminum alloy, equipped with front double-wishbone + rear multi-link independent suspension, improve driving stability.

SERES 5 has two models: pure electric and extended-range. The pure electric 2WD version has a working range of 500km at WLTP and the 4WD flagship version has a working range of 530km at WLTP. The range-extended version has a combined range of 1000+km on full fuel and full power.

It is worth mentioning that SERES 5 was first presented at the Brussels Motor Show in Belgium on January 13, and completed the contract with more than 20 dealers from Europe, America, Africa, the Middle East, Asia and other regions, with orders of more than 20,000 units.

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The December delivery volume of the Simple Aito series has reached 10,143 vehicles, once again achieving a monthly delivery of more than 10,000. AITO Automobile said that since the official delivery started in March, the AITO Qjie series has achieved a cumulative delivery of more than 75,000 vehicles, becoming the fastest-growing new energy vehicle brand.

Founded in 1986, Seres Group Co., Ltd. is a technology-based manufacturing enterprise with new energy vehicles as its core business. It has more than 10,000 employees. It is an A-share listed company and one of the top 500 Chinese enterprises. The group business involves R&D, manufacturing, sales and service of new energy vehicles and core three electrics (battery, electric drive, electric control), traditional vehicles and core component assemblies.

At present, the AITO car jointly launched by Seres Automobile and Huawei only has three models: Aito M7, Aito M5, and Aito M5 EV. The starting prices are 319,800 CNY, 259,800 CNY, and 288,600 CNY respectively.

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Not long ago, Seres announced its production and sales data for September 2022. Data show that in September this year, the sales of new energy vehicles of Seres reached 17,596 units, a year-on-year increase of 341.33%. Among them, the sales volume of Seres vehicles in September was 10,142 units, an increase of 598% year-on-year, and the monthly sales exceeded 10,000 for two consecutive months. It is worth mentioning that the AITO series of models jointly designed by Seres and Huawei delivered 10,142 vehicles in September, which has been sought after by many consumers.

On the other hand, in September this year, 18,754 new energy vehicles were produced by Seres, a year-on-year increase of 342%, of which 11,245 were produced by Seres, a year-on-year increase of 597.15%.

It is worth mentioning that on September 6, at Huawei’s full-scenario autumn new product launch conference, AITO M5 EV was released. As the first pure electric model of the Wenjie series, the new car is positioned as a pure electric medium-sized SUV. The whole series offers six body colors, four interior colors, and two configurations of standard version and performance version.

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