Bosch to strengthen new energy vehicle products in China
Robert Bosch GmbH, the German industrial and technology group, will further strengthen its layout and development of new energy vehicle-related products in China, said its top executive on Saturday.
Stefan Hartung, the group's board chairman, said that electrified powertrain solutions will drive major growth in its business over the course of the decade.
Addressing a business event in Wuxi, Jiangsu province, Hartung said Bosch will accelerate the development of fuel cell, hydrogen and electromobility technologies in China.
Bosch Powertrain Solutions China, one of Bosch's business units, signed an agreement with Wuxi National High-tech Industrial Development Zone Administrative Committee, in Wuxi on Saturday.
This move will accelerate its localization and commercialization of hydrogen fuel cells for mobile application and commercial vehicle electrification in China, said Bosch in a statement.
The Gerlingen, Germany-headquartered group launched its first production line of high-volume membrane electrodes assembly in Wuxi in early 2023, and plans for local production of bipolar plates in 2025.
Bosch said that innovative electric drive systems for commercial vehicles, such as electric motor and power electronic control units will be localized in China during 2023.