Cyrus Automotive cooperates with China Automotive Industry Center to jointly create the future of new energy vehicles

At a signing ceremony held in Tianjin, China, Cyrus Automotive and China Automotive Technology and Research Center Co., Ltd. (hereinafter referred to as CATARC) formally reached a strategic cooperation agreement. Zhang Xinghai, founder and chairman of Cyrus Automobile, and An Tiecheng, chairman of CATARC, attended this important moment. The goal of the cooperation between the two parties is to jointly promote the high-quality development of the new energy automobile industry and promote innovation in the automobile industry. Upgrade and contribute

Cyrus Automotive and CATARC will carry out extensive cooperation in the signing agreement, including but not limited to automotive industry policy research, engineering and technical services, digitalization business, information services and public services. The two parties will work together to promote innovative development in the field of new energy vehicles and provide consumers with smarter, environmentally friendly and efficient travel solutions

It is understood that the cooperation agreement between the two parties also includes the establishment of a joint "Industrial Policy Research Alliance" Laboratory", which will become a platform for both parties to discuss in-depth automotive industry policies and promote industry development. The two parties will strengthen cooperation in policy formulation, technology research and development, etc., to provide wisdom and strength for the sustainable development of new energy vehicles

Sales Automotive is guided by the core concepts of innovation-driven and long-termism to achieve commercial success Closely integrated with social responsibility. As a leading automobile manufacturing company, they are committed to promoting the automotive energy revolution and creating an intelligent and convenient mobile travel experience. Cyrus Automotive continues to invest in technological innovation, especially maintaining its leading position in the fields of three-electric technology, extended range technology, electronic and electrical architecture, and super electric drive intelligent technology platform (DE-i). According to data, in 2022 alone, Cyrus Automobile’s R&D investment will exceed RMB 3.106 billion. AITO Wenjie’s core R&D investment has exceeded RMB 12 billion

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