近日，赛力斯发布9月产销快报。数据显示，赛力斯新能源汽车9月销量达44,678辆，同比增长19.44%； 2025年1-9月累计销量更是达到304,629辆，保持稳健增长态势。赛力斯在核心技术领域的持续深耕，成 为保持产销数据正向增长的关键动力，尤其是赛力斯超级增程对产品力的赋能，正转化为市场端的显著 优势。 赛力斯对增程技术的布局可追溯至2016年，历经三年发展，2019年实现增程器量产，开启技术落地的关 键一步。彼时国内增程汽车市场正处于探索阶段，赛力斯率先提出"油电转化率"概念，并将NVH性能 纳入增程器核心评价体系，不仅放大了增程技术的续航优势，更引导行业重视综合用车品质的提升。目 前，赛力斯增程器业务已与25家行业企业达成合作，2025上半年销量超20万台，稳居市场前列，也充分 彰显赛力斯在增程技术领域的领导者地位。 赛力斯凭借多年深耕积累的增程技术优势，构建了坚固的技术"护城河"，更在市场端实现了高质量增 长。长期来看，随着技术的持续迭代与产品矩阵的不断丰富，赛力斯超级增程的技术价值还将不断释 放，引领新能源汽车行业持续发展。 今年前三季度，问界M9 2025款、问界M8、全新问界M7相继上市，其 ...

Group 1 - The new Wanjie M7 was launched on September 23, receiving a strong market response with over 30,000 pre-orders within the first hour [1] - The Wanjie M7 features an impressive range of 1,625 km, attributed to the advanced range extender technology developed by Seres [1][2] - Seres has established itself as a pioneer in range extender technology since 2016, achieving mass production of range extenders in 2019 and continuously innovating [2][3] Group 2 - The newly launched Seres Super Range Extender System, based on the "C2E" architecture and "RoboREX" intelligent control technology, offers significant advantages in quiet operation, high integration, and efficiency [4] - The new system has reduced overall fuel consumption by 15%, with an actual efficiency exceeding 3.65 kWh/L, and a thermal efficiency of 44.8%, positioning it as a leader in the industry [4] - The successful launch of the Wanjie M7 indicates market recognition of Seres' commitment to technological innovation and excellence [6]

Group 1 - The new AITO M7 SUV was launched on September 23, receiving over 30,000 pre-orders within the first hour, indicating strong market demand [1] - The AITO M7 features an extended range of up to 1625 km, showcasing the advanced capabilities of the Seres Super Range Extender technology [1] - Seres has established itself as a leader in range extender technology since 2016, achieving significant milestones such as mass production of range extenders in 2019 [3][4] Group 2 - The Seres Super Range Extender has been integrated into multiple models in the AITO series, including the M8, M9, and the newly launched M7, contributing to their market success [4] - In the first half of 2025, Seres' range extender sales exceeded 200,000 units, solidifying its leading position in the industry [4] - The latest generation of the Seres Super Range Extender system features a 15% reduction in overall fuel consumption and an actual efficiency exceeding 3.65 kWh/L, with a thermal efficiency of 44.8%, placing it at the forefront of the industry [4]

Core Viewpoint - The 2025 World Intelligent Industry Expo opened in Chongqing, showcasing the achievements of the Seres Group in the new energy vehicle sector and its advanced technologies [1][3]. Group 1: Exhibition Highlights - Seres Group's exhibition is one of the largest at the expo, featuring over 10,000 square meters of display space with seven major exhibition areas, including complete vehicle business and intelligent manufacturing [1][3]. - The exhibition includes various new energy vehicle products, such as the AITO Wenjie series, with the new Wenjie M7 model attracting significant attention and set to officially launch on September 23 [3][5]. - The Blue Electric E5 PLUS series was also showcased, emphasizing affordability with a range of 165 kilometers and a spacious seating arrangement [5]. Group 2: Technological Innovations - Seres displayed several industry-leading technologies, including the innovative Magic Cube technology platform, which is the world's first full-stack multi-power compatible platform [5][7]. - The intelligent safety system covers over 190 safety scenarios and includes more than 340 safety functions across four dimensions, ensuring comprehensive lifecycle safety for users [7][9]. - The "Automotive Industry Brain" directs the Seres super factory, which features over 3,000 robots and 100% automation in key processes, ensuring high-quality delivery through a digital quality system [9]. Group 3: Collaborative Ecosystem - Nineteen industry chain enterprises participated in the exhibition, showcasing collaborative innovations in various fields such as intelligent range extension and smart cockpit technologies [9][11]. - Seres is advancing product integration and establishing a world-class high-end new energy vehicle industry chain, collaborating with major suppliers like CATL and Yanfeng in a "factory within a factory" model [11]. - The expo served as a platform for Seres to demonstrate its digital, green, and high-end transformation achievements, providing new insights for elevating "Chinese manufacturing" brands [11].

Core Insights - The 2025 World Intelligent Industry Expo opened in Chongqing, showcasing the innovative practices of Seres Group in vehicle intelligence, technology intelligence, and manufacturing intelligence [1][3] Group 1: Exhibition Highlights - Seres Group's exhibition is one of the largest at the expo, covering over 10,000 square meters and featuring products like the AITO Wenjie series of new energy vehicles and advanced technologies such as the Magic Cube technology platform and Super Range Extender [3][4] - The new AITO Wenjie M7 was launched for pre-order on September 5 and is set to officially launch on September 23, attracting significant attention at the event [3] - The AITO Wenjie brand has set records in the luxury car market in China, with cumulative deliveries of the Wenjie M9 exceeding 220,000 units and the Wenjie M8 surpassing 70,000 units since its release [3] Group 2: Technological Innovations - Seres has developed the Magic Cube technology platform, the world's first full-stack multi-power compatible platform, enabling compatibility with super range, pure electric, and super hybrid power forms [4] - The Super Range Extender system achieves a thermal efficiency of 44.8%, generating 3.65 kWh of electricity per liter of fuel, positioning it as a leader in the industry [4] - The intelligent safety system covers over 190 safety scenarios and includes more than 340 safety functions, emphasizing the brand's commitment to user safety [4] Group 3: Manufacturing Intelligence - The Seres Super Factory operates over 3,000 robots with 100% automation in key processes, ensuring high-quality delivery through a comprehensive digital quality system [5] - The collaboration with 19 industry chain partners showcases innovations in various fields, including intelligent range extension, smart cockpit, and lightweight body design [5] - Seres is advancing towards a world-class high-end new energy vehicle industry chain, integrating 100 suppliers, including 20 world-class supply chain companies, to enhance collaborative efficiency [5]

Core Insights - The 2025 World Intelligent Industry Expo opened in Chongqing, showcasing the first corporate exhibition by Seres Group, covering over 10,000 square meters with seven major exhibition areas focused on vehicle intelligence, technology intelligence, and manufacturing intelligence [1][3] Group 1: Product Showcase - Seres Group's exhibition is one of the largest at the expo, featuring various new energy vehicle products including the AITO brand and advanced technologies such as the Magic Cube technology platform and Super Range Extender [3] - The AITO brand showcased its entire product line, with the new AITO M7 attracting significant attention and set to officially launch on September 23, 2025. The AITO M9 has delivered over 220,000 units, while the AITO M8 has surpassed 70,000 units in deliveries [4] Group 2: Technological Innovations - Seres displayed several industry-leading technologies, including the Magic Cube technology platform, which is the world's first full-stack multi-power compatible platform, supporting super range, pure electric, and super hybrid power forms [7] - The Seres Intelligent Safety system defines safety through scenarios, covering over 190 safety scenarios and providing more than 340 safety functions across four dimensions [9] Group 3: Manufacturing Capabilities - The company showcased its advanced manufacturing technologies under the "Automotive Industry Brain" ecosystem, featuring a smart factory with over 3,000 robots and 100% automation in key processes [10][12] - The integration of AI and 5G technologies aims to enhance collaboration across government, society, industry, and enterprises, driving innovation and efficiency in the automotive supply chain [10] Group 4: Supply Chain Collaboration - Nineteen industry chain partners participated in the exhibition, demonstrating collaborative innovations in various fields such as intelligent range extension and smart cockpit technologies [13] - Seres is actively promoting product integration and local supply chain collaboration, having reduced its primary suppliers from 300 to 100, with 20 being world-class suppliers [15]

Core Insights - The rise of Seres in the Chinese automotive industry exemplifies a successful transformation from a traditional manufacturing enterprise to a modern player in the electric vehicle market [1][2] - Seres has demonstrated strategic foresight by investing heavily in technology and innovation, even amidst financial losses, leading to significant growth in revenue and market presence [2][3] Company Development - Founded in 1986, Seres began as a small spring manufacturer and transitioned into the automotive sector in 2003 through a partnership with Dongfeng Group [1] - The company's major transformation occurred in 2016 when it entered the new energy vehicle market and partnered with Huawei, culminating in the launch of the AITO M5 SUV in 2021 [1][2] Financial Performance - Seres' revenue surged from 14.30 billion yuan in 2020 to 145.18 billion yuan in 2024, with a compound annual growth rate of 78.49% [2][16] - The company turned a net loss of 1.73 billion yuan in 2020 into a profit of 5.95 billion yuan in 2024, showcasing its resilience during market fluctuations [16] Technological Innovation - Seres has adopted a dual technology strategy of range-extended and pure electric vehicles, becoming a pioneer in range-extended technology since 2016 [4] - The introduction of the Seres Super Range Extender System in 2024 achieved a thermal efficiency of 44.8% and a fuel consumption reduction of 15% [4] Manufacturing Excellence - Seres operates three state-of-the-art smart factories in Chongqing, recognized as benchmarks for intelligent manufacturing in the automotive industry [9][10] - The factories utilize over 5,000 robots and achieve 100% automation in key processes, significantly improving production efficiency and quality [11] Strategic Partnerships - The collaboration with Huawei has redefined traditional automotive partnerships, integrating technology and manufacturing to create a comprehensive solution for smart vehicles [12] - This partnership has led to rapid product development, with the AITO M5 achieving over 10,000 sales in just 87 days, setting industry records [13] Market Impact - The AITO series has disrupted the high-end electric vehicle market, with cumulative deliveries exceeding 750,000 units by August 2025 [3][16] - The AITO M9 has become the best-selling luxury vehicle in its category, with a single vehicle price exceeding 500,000 yuan, surpassing traditional luxury brands in customer satisfaction [16] Industry Influence - Seres' approach has contributed to the mainstream adoption of range-extended technology, increasing its market penetration from less than 2% in 2020 to 18% in 2024 [19] - The company's model serves as a reference for traditional automakers seeking to transition into the electric vehicle space, emphasizing the importance of technology ownership and ecosystem collaboration [18][24]

Core Insights - The company reported a significant increase in revenue and net profit for the first half of 2025, indicating strong market demand for high-end smart electric vehicles [1] - The company's R&D investment has surged, reflecting its commitment to technological innovation and product iteration [1][2] Financial Performance - The company achieved an operating revenue of 62.4 billion yuan and a net profit attributable to shareholders of 2.941 billion yuan, representing a year-on-year growth of 81.03% [1] - R&D expenditure reached 5.2 billion yuan, marking a 154.9% increase compared to the previous year [1] Technological Advancements - The new generation of the company's super range extension system has been fully applied to its latest models, showcasing industry-leading advantages in quietness, integration, and efficiency [2] - The system's actual power generation efficiency exceeds 3.65 kWh/L, with a thermal efficiency of 44.8%, placing it at the forefront of the industry [2] - The new system has reduced overall fuel consumption by 15% and decreased noise perception frequency by 90%, enhancing user experience [2] Market Position and Strategy - As a pioneer in range extension technology, the company has established a strong technical moat and is recognized for its industrial capabilities [1][2] - The company has formed partnerships with 25 industry enterprises, indicating its collaborative approach to innovation [1] - With the launch of more upgraded products in the second half of the year, the company aims to strengthen its competitive advantage in the new energy vehicle sector [2]

Core Viewpoint - The financial report of Seres for the first half of 2025 highlights significant growth in revenue and profit, marking a milestone for domestic high-end brands in the automotive market [1][2][4]. Financial Performance - In the first half of 2025, Seres achieved a total revenue of 62.402 billion yuan and a net profit attributable to shareholders of 2.941 billion yuan, representing a year-on-year increase of 81.03% [1][4]. - The company's R&D investment reached 5.198 billion yuan, up 154.9% year-on-year, indicating a strong commitment to innovation [1][19]. Market Position and Strategy - Seres has successfully established itself in the high-end market, breaking the long-standing dominance of foreign brands in the luxury automotive sector [2][12]. - The collaboration with Huawei to create the AITO brand has led to impressive sales, with over 750,000 units delivered by August 2025, including the AITO M9, which has become the best-selling model in the 500,000 yuan luxury car segment [2][8]. Product Development and Sales Growth - The introduction of new models, such as the AITO M5 Ultra and AITO M9 2025, has optimized Seres' product structure and expanded its market coverage [6][8]. - The sales of new energy vehicles reached a record high of 46,086 units in June 2025, showcasing the strong competitive position of Seres' products [8][9]. Profitability and Cost Management - The gross margin for Seres' new energy vehicles increased to 28.93%, up 3.89 percentage points year-on-year, significantly higher than competitors like XPeng and Leap Motor [9]. - The scale effect from increased production has allowed Seres to reduce fixed costs per vehicle, enhancing profit margins [11][12]. Technological Innovation - Seres has focused on technological advancements, such as the Magic Cube technology platform, which supports multiple powertrain configurations and reduces R&D costs [15][19]. - The introduction of the new generation of Seres Super Range Extender system has addressed consumer concerns about range anxiety, achieving industry-leading efficiency [16][19]. Customer Experience and Service - Seres emphasizes user experience with comprehensive service offerings, including 24-hour roadside assistance and regular vehicle maintenance, which enhance customer loyalty and brand reputation [22][23]. - The brand's Net Promoter Score (NPS) ranks highly in the industry, indicating strong customer satisfaction and potential for repeat purchases [23]. Supply Chain Efficiency - Seres has optimized its supply chain by reducing the number of suppliers and integrating world-class partners, which enhances production efficiency and quality [24]. - The "factory within a factory" model allows for rapid response to production needs, significantly lowering costs and improving operational efficiency [24]. Market Outlook - Analysts view Seres' growth positively, highlighting its successful positioning in the mid-to-high-end market and the effectiveness of its partnership with Huawei [25][26]. - The shift in valuation logic in the automotive industry towards technology barriers and product premium capabilities positions Seres favorably for future growth [21].

Group 1 - The core point of the article highlights the impressive performance of the Wanjie M8 in the 2025 New Energy Endurance Ranking, achieving a maximum comprehensive fuel consumption of 6.73L/100km, ranking first in the popular three-row hybrid SUV category [1] - The outstanding energy consumption performance of the Wanjie M8 is attributed to the years of deep cultivation and continuous innovation in electrification technology by Seres, which began investing in range extender technology research and development as early as 2016 [3] - The new generation of Seres Super Range Extender System was launched at the end of last year, providing users with a fully upgraded driving experience, featuring a comprehensive fuel consumption reduction of 15% and a noise perception frequency reduction of 90% [5] Group 2 - The Wanjie M8's pure electric version is set to be released soon, supported by the Seres Magic Cube technology platform, which is the world's first full-stack multi-power compatibility platform [7] - The Magic Cube platform enables compatibility with three types of new energy power forms: super range, pure electric, and super hybrid, effectively meeting user demands for diverse power options and leading the industry into a new stage of intelligent electric integration [7]