Booming sales of connected devices and clean energy systems are expected to fuel revenue growth for the Bosch Group, and powertrain electrification is now considered core to the long-term sustainability of the business.
Volkmar Denner, Chief Executive of Bosch, emphasised during a virtual conference on 22 April that e-mobility is no longer “a bet on the future,” and that past investments “are now beginning to pay off.” The giant Tier 1 has already invested some €700m (US$845m) in powertrain electrification in 2021, bringing total investments in this space to about €5bn.
“H2 ready”
Clean energy solutions will be pushed
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