Seres surpasses 500 EVs on Nepal's roads, plans 3 new models by 2026

KATHMANDU: Seres, the premium global electric vehicle (EV) brand, has reached a significant milestone, with over 500 Seres EVs now operating on Nepal’s roads. This achievement highlights the brand’s rapid growth and the increasing adoption of sustainable transportation in the country.

To mark the occasion, a celebratory cake-cutting ceremony was held on Wednesday, attended by key figures, including David Luo, Sales Director of Seres; Vivek Sikaria, Managing Director of MAW Vriddhi Motors; and Prashanna Panta, CEO of MAW Vriddhi Motors.

Speaking at the event, Vivek Sikaria, Managing Director of MAW Vriddhi Motors, said that reaching over 500 Seres vehicles on Nepali roads reflects the company’s commitment to providing innovative and reliable EV solutions tailored for Nepal’s diverse terrains. He added that the growing trust and enthusiasm among Nepali consumers for Seres is encouraging. He stated that Seres’ blend of advanced technology, strong performance, and stylish design has resonated well with customers. He noted that this milestone not only demonstrates the brand’s global excellence but also underscores the company’s commitment to driving Nepal towards a greener future.

About Seres  

Originating from Silicon Valley, Seres has established a global presence in more than 70 countries and was the first Chinese EV brand to enter the European market. The company operates six super factories across the USA, China, and Indonesia, along with seven research and development centres in the USA, China, Germany, and Japan.  

Seres Group is among the few automobile companies in China that are currently profitable. In the first quarter of 2025, Seres Group reported a profit exceeding $100 million, reflecting its strong financial performance and growing market share.  

Looking ahead, Seres Group plans to launch three new EV models—M7, M8, and M9—by 2026, further expanding its range of innovative vehicles.