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Seres Swings to $206M Loss as Huawei Partnership Costs Bite
Chinese EV maker Seres forecasts H1 2026 loss of 1.5-1.8 billion yuan, swinging from profit, as the 'Huawei tax' and rising costs pressure margins.
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Chinese EV maker Seres forecasts H1 2026 loss of 1.5-1.8 billion yuan, swinging from profit, as the 'Huawei tax' and rising costs pressure margins.