Kathmandu. Ceres Group, china’s leading intelligent and manufacturer of new energy vehicles, reported a 2,415 increase in profit to more than $100 million in the first quarter of 2025.
This remarkable achievement has also placed Ceres in the category of one of China’s most profitable innovative automakers in the competitive market.
The company’s sales revenue also crossed $3 billion in the first quarter, mainly due to an increase in demand for its innovative, energy-efficient vehicles. Committed to innovation, sustainability and customer-oriented design, Ceres is working on smart mobility solutions to meet global environmental goals.
Ceres’ share price rose 35 percent after earnings statements were made public, reflecting investors’ confidence in the company. In the coming days, Ceres plans to launch new vehicles with more range, performance and smart features. These improvements support the company’s mission to contribute to China’s carbon neutrality target.
As part of its global expansion strategy, Ceres has announced the launch of three new electric vehicle models in Nepal by 2026. This reaffirms Ceres’ leading role in the transformation of electric vehicles outside China.
In addition, the Ceres 3 model has recently reaffirmed its excellence and innovation potential in the new energy vehicle market by winning three prestigious awards in Indonesia. In China’s luxury vehicle segment, Ceres has overtaken brands such as BMW and Mercedes.
Ceres Group aims to continue its key role in china and the global EV industry, focusing on forward-looking and future-oriented strategies.
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