March 20: Seres Group Chairman and Founder Zhang Xinghai recently announced the company's ambition to become a top-10 global luxury brand.
With Huawei's support, Seres has witnessed a surge in sales. Huawei Executive Director Richard Yu highlighted the success of the joint venture between the two companies, stating that the M7 has set a sales record for vehicles priced at 300,000 CNY in China.
"In its first month of release, the M9 sold over 60,000 units, far exceeding expectations," Yu said. "Our M9 vehicles have an average selling price of over 500,000 CNY, with nearly 60,000 units sold in a short period, setting a record for high-end vehicle sales."
Meanwhile, Seres President He Liyang noted that the M9's advanced smart features have presented a learning curve for some users.
He believes that user feedback suggests the M9's smart capabilities are highly innovative, and some functions are yet to be fully utilized, which is common during the adoption of new technologies.
"Since the M9's release, its user base has become increasingly younger and more educated," said He. "The youngest user is 25 years old, and the oldest is 60. The user demographic includes professionals from tech, finance, government, and internet companies, and has even expanded to lawyers, teachers, and other fields."
