The Economic Information Daily reported on the 13th that AITO, the premium electric vehicle brand under Seres (09927) (SH: 601127), announced at the Paris Motor Show on the 12th its plan to enter the European market in autumn 2027, aiming to bring a new intelligent mobility experience to European users.
Seres' A-shares opened lower this morning but rebounded, currently rising 3.53% to 53.05 yuan; its H-shares also gained over 5%.
AITO stated that it is actively advancing localization and regulatory certification efforts in Europe. On the product development front, AITO will base its efforts on the EU Whole Vehicle Type Approval (WVTA) and aims to achieve a five-star rating from Euro NCAP (European New Car Assessment Programme) by 2026, meeting regulatory requirements across European countries while pursuing high safety standards. Meanwhile, AITO will conduct comprehensive localization adaptations tailored to European road conditions, driving habits, and local lifestyles. The company is collaborating with partners to jointly develop driving assistance and parking assistance features suited to local road conditions and driving scenarios. (jq)
Seres' A-shares opened lower this morning but rebounded, currently rising 3.53% to 53.05 yuan; its H-shares also gained over 5%.
AITO stated that it is actively advancing localization and regulatory certification efforts in Europe. On the product development front, AITO will base its efforts on the EU Whole Vehicle Type Approval (WVTA) and aims to achieve a five-star rating from Euro NCAP (European New Car Assessment Programme) by 2026, meeting regulatory requirements across European countries while pursuing high safety standards. Meanwhile, AITO will conduct comprehensive localization adaptations tailored to European road conditions, driving habits, and local lifestyles. The company is collaborating with partners to jointly develop driving assistance and parking assistance features suited to local road conditions and driving scenarios. (jq)
