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Huawei-backed AITO confirms a fall 2027 launch for four luxury SUVs in Europe. Seres posted a 1.72 billion yuan net loss in the first half of 2026 as revenue fell 7.9%. The brand sold 426,000 vehicles in 2025 but faces EU anti-subsidy tariffs of up to 35.3%. A new 5-year cooperation agreement was signed on September 30.
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