Bosch eyes new gains from clean energy and artificial intelligence

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