https://www.kitguru.net/gaming/matthew-wilson/cyberpunk-2077s-next-major-update-on-track-for-q1-2022/
 
Earlier this year, CD Projekt Red had a roadmap in place for Cyberpunk 2077, which would see consistent patches throughout the year, followed by the release of the Xbox Series X/S and PS5 versions in late 2021. As the months went on, it became clear that the developers needed more time to make bigger changes in an effort to address Cyberpunk 2077’s issues. As a result, the roadmap changed, pushing all future updates to 2022.
 
Cyberpunk 2077 will get its next major update across all platforms in early 2022, alongside the release of the next-gen console versions of the game. Currently, development on this major update, and the next-gen console release is on track for its Q1 2022 release window. We should get a more specific release date early next year as the studio begins to lock in its plans for the year.
 
Aside from continued work on Cyberpunk 2077’s base game, work has also begun on the first paid expansion. Additionally, teams have begun experimenting with multiplayer ideas again, so there is plenty of room for the game to grow in the years ahead.
 
Continued improvement would be welcome. 

aka_STEVE_b
I just wish they'd have finished the 4K upgrade for Witcher 3  .... that's what i want to see .

From what I have read online the Witcher 3 upgrade is still coming along and should release around the same time the new CP 2077 for console next gen update comes. I think it's just a matter of tweaking the engine compiler to build the game with the new engine and the higher resolution assets properly, and testing to make sure it didn't screw up anywhere.