Cyrus Automotive and Bosch China reached a comprehensive strategic cooperation: strengthen cooperation and create brilliance together

News on August 25 showed that Bosch China’s public account “Bosch Information Assistant” announced on Friday that Cyrus Automotive and Bosch China had officially signed a comprehensive strategic cooperation agreement. The two parties will cooperate in key areas such as vehicle safety systems, driver assistance technologies, automation functions, powertrains and electrification solutions. The purpose of this cooperation is to jointly develop new material applications and parts supply, and contribute to the development of the field of intelligent electric vehicles

It is understood that Cyrus Automotive regards Bosch China as an important strategic partner in vehicle safety systems, driving assistance, automation functions, powertrain and electrification solutions. Both parties will work together to promote technological innovation and provide users with a safer and smarter driving experience. Bosch China has listed Cyrus Automotive as a long-term strategic partner and will provide it with high-quality engineering services, after-sales support and competitive product prices, aiming to jointly promote business cooperation and create a high-end smart electric vehicle market.

Recently, Cyrus Automobile has undergone an organizational structure adjustment and established the AITO Business Group to improve management efficiency, strengthen decision-making response capabilities, and become more focused core business to drive innovative development. Recent data shows that Cyrus Automobile’s new energy vehicle sales in July were 6,934 units, a year-on-year decrease of 47.83%. In order to cope with this challenge, Cyrus Automotive has recently taken a series of measures to seek market breakthroughs

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