Huawei’s car-making partner Seres expects reduced 2023 losses, with M7 and M9 EVs paving road to profitability
Seres said it expects the final tally of its 2023 losses to fall in the range of 2.1 billion yuan (US$295.6 million) to 2.7 billion yuan, which narrowed from its 3.8 billion yuan loss in 2022, according to the company’s earnings estimates last Thursday. It estimated revenues increased by as much as 7 per cent … Read more
