Seres flags H1 loss on rising material costs, asset writedowns — Explained
Seres expects a net loss of 1.5 billion yuan ($220 million) to 1.8 billion yuan for the first half of 2026, compared with a profit of 2.94 billion yuan a year earlier.
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Seres swings to H1 loss on parts price hikes, asset impairment — Explained
The average daily price of battery-grade lithium carbonate jumped 132.2% in H1, while chips saw structural shortages and sharp price increases.
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Seres-backed Aiva reportedly explores joining CATL battery swap network — Explained
Aiva is discussing a battery swap solution with CATL, with its first production model, the ME7, set to debut by the end of 2026.
