Seres disclosed its H1 2026 earnings guidance, projecting a net loss of RMB 1.5-1.8 billion, swinging from profit a year ago. Rising raw material costs and asset impairment weighed on margins, yet AITO brand deliveries grew 10.2% year-on-year.
2385 days ago
Since June 2026, BYD, Changan Qiyuan, NIO, Avatr, Zeekr, Tesla, Xiaomi, and HarmonyOS Intelligent Mobility brands have successively raised vehicle prices or ADAS package costs. After three years of intense price competition, the new energy vehicle price war has officially ended as industry logic shifts from low-price volume grabs to value competition. Rising raw material and chip costs are the core catalyst, with lithium carbonate prices rebounding to 175,000 yuan per ton and automotive-grade chips surging over 100%. Q1 2026 automotive manufacturing profit was merely 3.2%, forcing automakers to pivot from price wars to technology upgrades. For importers and consumers in Central Asia and Russia, price increases mean higher procurement costs but also improved quality and configuration, while Chinese NEVs maintain significant global price advantages.
36032 days agoGotion High-Tech officially became a core battery supplier for AITO M6, entering the Harmony Intelligent Driving ecosystem. Seres Chairman Zhang Xinghai warned that memory chip and lithium carbonate prices continue soaring, pushing per-vehicle cost increases beyond 15,000 yuan. Supply chain cost pressure and localization are becoming central contradictions in China's NEV industry.
41735 days ago
In May 2026, battery-grade lithium carbonate rebounded to over RMB 200,000/ton, automotive DRAM prices surged over 300%, and aluminum/copper costs rose sharply. At least 15 OEMs announced price hikes. Industry profit margins fell to 3.2%, a 10-year low.
52252 days agoIn May 2026, battery-grade lithium carbonate rebounded to over RMB 200,000/ton, automotive DRAM prices surged over 300%, and aluminum/copper costs rose sharply. At least 15 OEMs announced price hikes. Industry profit margins fell to 3.2%, a 10-year low.
13653 days ago
EX1000
