Tag: Bosch

The 2023 business year: Bosch increases sales and result despite headwind

Stuttgart, Germany – WEBWIRE – Friday, February 9, 2024 Weak economic situation increases cost pressure achievement of target margin delayed Through supreme effort: exchange rate-adjusted sales increased 8 percent to 91.6 billion euros / EBIT margin from operations rose to 5 percent. Broad footprint: focused portfolio management strengthens strategic direction. Realignment: integrated Mobility business sector live since January 2024. Stefan Hartung: Despite a headwind in the 2023 business year, we are continuing to invest proactively in technologies that will shape the future, especially those related to climate action. Markus Forschner: The headwind remains, which is why we are pushing back ... Read more

Bosch hybrid system successful in the FIA World Endurance Championship

– Bosch supplies system technology as well as electric motor, inverter, hybrid control unit and electric braking system for the new LMDh platform within the hypercar category – LMDh platform supports a new era of long-distance racing in WEC and IMSA Abstatt, Monza – WEBWIRE – Friday, July 7, 2023 The WEC racing series starts the second half of the season with the 6 Hours of Monza. On the historic race track near Milan, the two factory teams from Porsche and Cadillac will be competing with the new LMDh system within the hypercar category. Bosch is the official systems engineering ... Read more

Bosch to invest further in expanding its European heat-pump locations

Stuttgart, Germany, and Wałbrzych, Poland – WEBWIRE – Thursday, April 20, 2023 Heat-pump technology is a European success story that we want to continue. Investments of more than 1 billion euros by the end of the decade Bosch has invested heavily in expanding its European heat-pump development and manufacturing network since 2018. New manufacturing site planned in Poland, with construction to start in 2024. Heat-pump development capacity in Germany has been significantly expanded since 2019. 30 million additional heat pumps are to be installed in the European Union by 2030. Heat pumps are a key technology for achieving the European ... Read more

Bosch establishes sector board for Mobility Solutions business sector

Reorganization reflects the new mobility era – Dr. Markus Heyn will be the chairman of the new sector board. – Further members are Dr. Uwe Gackstatter, Dr. Mathias Pillin, Klaus Mäder, and Andreas Dempf. – Thanks to new management team, sector will be well positioned to seize growth opportunities offered by the mobility transformation. Stuttgart, Germany – WEBWIRE – Wednesday, July 20, 2022 With the new management team, we will be well positioned to make the best of growth opportunities arising from the transformation of mobility ” says Dr. Markus Heyn, member of the Bosch board of management and ... Read more

Japan – Bosch, Mitsubishi Corporation and BPSE Team Up to Empower Electrification of Commercial Operating Fleet by Providing Battery Insight

Bosch, Mitsubishi Corporation and BPSE have recently agreed into a cooperation to create a new service to enable Battery as a Service business model by leveraging Bosch’s Battery in the Cloud technology, Mitsubishi Corporation’s battery service commercialization capability and BPSE’s battery swapping platform. The demand for electrification is increasing day by day, but the initial investment cost to deploy an EV fleet, the down time during charging, and the uncertain of the battery are some of the major factors preventing electrification of commercial fleets. Battery swapping scheme is considered as one major solution in providing higher efficiency for the utilization ... Read more