SERES Group sells 11,661 new energy vehicles in November, up 154% YoY

Beijing (Gasgoo)- SERES Group, Huawei’s automaking partner previously known as Chongqing Sokon Industry Group, continued to see its new energy vehicle sales grow rapidly in November 2022. 

Photo credit: SERES

In the past month, SERES Group sold 19,688 vehicles, representing a 21.01% drop year-over-year, and a 24.66% decline month-over-month. From January to November, the group’s cumulative sales volume summed up to 243,075 vehicles, edging up 2.07% from a year ago.

With 11,661 vehicles sold, the group’s new energy vehicle (NEV) sector achieved a 154% year-over-year hike but a 25.23% month-on-month drop in November sales. In the first eleven months of the year, the group sold a total of 118,411 NEVs, reflecting a 235.54% leap over the same span of last year. 

A total of 8,262 NEVs sold in the past month were from SERES Auto, which owns two brands (SERES and AITO), shooting up 335.07% compared to the year-ago period. During the Jan.-Nov. period, the cumulative sales volume of SERES Auto's vehicles amounted to 69,884 units, up 721.68% over the previous year.