Cyrus expects losses in 2023, but industry-leading patent growth bears witness to technological innovation achievements

According to the latest financial forecast released by Thalys, the company is expected to face a huge net loss in 2023, with an expected range of 2.1 billion to 2.7 billion yuan. Compared with the same period last year, Thalys's loss situation increased significantly.

Thalys clearly pointed out that the main reason for the change in the company's performance is its large-scale investment in core technology and product research and development of high-end smart electric vehicles. These investments include high R&D expenses and growing labor costs, which have a significant impact on the company's financial performance for the current period.

Although Thalys faces short-term financial pressure, its achievements in technological innovation cannot be ignored. According to the latest 2023 automobile patent statistical analysis report released by China Automotive Information Technology Co., Ltd., the number of invention patent authorizations in China’s automobile industry increased by 14.02% year-on-year in the past year, reaching 107,800 pieces. This fully proves that Chinese automobile companies are at the critical moment. Continuous enhancement of technological innovation capabilities. In particular, Thalys Group has performed well in this trend, with a year-on-year growth rate of 407.76% in the number of its public patents, ranking first among independent vehicle groups. In addition, Cyrus Group also entered the TOP20 list of China's automotive invention patent authorizations for the first time with a year-on-year growth rate of 88.00%. These data show that despite the financial pressure, Cyrus Group has achieved remarkable results in technological innovation and laid a solid foundation for its own development.

According to the editor’s understanding, Cyrus’s unremitting investment in technological innovation has established its leading advantages in many key areas. The company is at the forefront of the industry in terms of three-electric technology, extended-range technology, electronic and electrical architecture, and super electric drive intelligent technology platform (DE-i). These technical advantages provide Cyrus with the development of pure electric and extended-range intelligent electric vehicles. established a solid technical foundation. Through the self-built DE-i platform, Cyrus has successfully implemented a solution that supports multiple technical routes on one platform and is suitable for various scenarios and modes such as pure electric power and extended range. The platform performs well in terms of fuel-to-electricity conversion rate, cruising range, acceleration performance, NVH and safety, providing users with a high-performance, long-range, low energy consumption and anxiety-free car experience.

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