Cyrus: plan to invest 1.5 billion yuan in the upgrading project of new energy vehicles

CTOnews.com Sept. 28, Chongqing Municipal Government issued the "Chongqing Construction of World-class Intelligent Network New Energy vehicle Industry Cluster Development Plan (2022-2030)", which puts forward the goal of building a world-class intelligent network new energy vehicle industry cluster.

In response to this call, Cyrus Group announced today that it intends to invest in the upgrading project of new energy vehicles in Liangjiang New District of Chongqing. The company expects to invest 1.5 billion yuan in this project, which is expected to be completed on September 30, 2023.

CTOnews.com learned that it was mentioned in the Plan that Chongqing Liangjiang New area, centering on the four major tasks of "high-end vehicles", "advanced supply chain", "innovation autonomy" and "ecological coordination", laid out the intelligent network connection new energy vehicle industry park project, implemented four actions to speed up the upgrading of industrial energy level, and helped Chongqing to build a world-class intelligent network connection new energy vehicle industry cluster.

At today's close, Selis closed at 60.63 yuan, down 5.25%, with a market capitalization of 95.494 billion yuan.