Luxury NEV Maker SERES Reports 2026 H1 Results: Revenue 57.493B Yuan, AITO Deliveries Up 10.2% YoY

SERES, the luxury NEV maker behind AITO, reported 2026 first-half results showing revenue of RMB 57.493 billion in China, up strongly year over year. The company said R&D spending reached RMB 7.007 billion, up 34.8% YoY, as the AITO brand expanded its lineup. Deliveries under AITO grew 10.2% YoY during the period, with the all-new AITO M9 and AITO M6 both launched and beginning deliveries. SERES added that the AITO M9 led the RMB 500,000+ segment for two consecutive months, with cumulative sales surpassing 300,000 units. The firm also cited healthy cash reserves and low debt pressure.