With this growing sector of the business, the aim is to have a dedicated team serving existing customers and growing the mobility business, with projected sales revenue expected to reach EUR 80 billion by 2029.

Plus’s technology is intended to enhance Bosch’s existing portfolio of steering systems which incorporate advanced driver assistance features to make handling easier and safer for the driver.

According to Dr Stefan Hartung, Bosch Chairman, the company has made this acquisition in order to grow its electromobility business by reinforcing its semiconductor supply chain.

Scheduled to go into operation in July 2023, the plant will be able to recycle up to 15,000 metric tons of battery materials a year and is currently undergoing a series of diagnostic tests using old batteries from different manufacturers to develop and refine the operational mechanism to discharge, dismember, recycle and shred the remaining battery material.

Costing GBP 100 million, the two-year demonstrator project of a one-megawatt SOEC system will be undertaken in 2024 at Bosch’s site in Stuttgart, with the aim of proving that the technology is both cost-effective and highly efficient in helping decarbonise industrial operations.

Robert Bosch GmbH and Amazon Web Services Inc have entered into a partnership aiming to improve efficiency and sustainability in the transportation and logistics industry.

Robert Bosch GmbH is set to acquire Five AI Ltd, a start-up specialising in autonomous driving software based in Cambridge, UK. The acquisition adds to Bosch’s autonomous mobility portfolio following the announcement that it was acquiring German firm Altatec GmbH earlier in April of this year.

MAN, Knorr-Bremse, and Bosch are working together in a research and development project, called ATLAS-L4, with the aim of putting autonomous trucks on German motorways by the middle of the decade.

Knorr-Bremse AG, based in Munich, Germany, has announced it is to acquire the stake of Robert Bosch GmbH of Stuttgart in its European and Japanese commercial vehicle business.

Weeks after opening its new silicon wafer fabrication facility in Dresden, Robert Bosch GmbH, based in Stuttgart, has announced it is to invest EUR400 million in its silicon chip manufacturing facilities throughout 2022. The investment will expand its wafer fabrication sites in Dresden and Reutlingen, Germany, and its semiconductor operations in Penang, Malaysia.

Robert Bosch GmbH, based in Stuttgart, Germany, has announced it is to acquire Atlatec GmbH, an autonomous driving specialist based in Karlsruhe, Germany. Atlatec will become part of Bosch’s Cross-Domain Computing Solutions division as an independently operated company.

Ceres Power Holdings plc, based in Horsham, UK, and Weichai Power Co of Weifang, Shandong, have announced that they have signed a non-binding agreement with Robert Bosch Gmbh of Gerlingen, Germany, for the establishing of a three-way collaboration to deliver fuel cells to the Chinese market.