On August 3, 2026, Seres unveiled its production and sales figures for July, revealing a significant year-on-year decline. Specifically, the production of new energy vehicles plummeted by 44.47%, while sales tumbled by 45.65%. In a broader context, both the production and sales of Seres vehicles witnessed a more than 50% year-on-year decrease. For other models, there was a contrasting trend: production surged by 32.58% year-on-year, but sales still dipped by 27.13%, painting a picture of an overall downturn in both production and sales. Earlier, Seres had anticipated a net loss ranging from RMB 1.5 billion to RMB 1.8 billion for the first half of the year, attributing this primarily to escalating raw material costs and asset impairment.