Stuttgart, Germany: Bosch and Contemporary Amperex Technology Co. Limited (CATL) have concluded a long-term strategic cooperation agreement. The partners are going to jointly specify high-performance battery cells. CATL will then design, develop, and manufacture these cells in accordance with Bosch requirements. The cells are to be used in the 48-volt battery developed by Bosch. This battery is the core element of 48-volt hybrid powertrain systems, whose efficiency is making them globally ever more important. In joining this alliance, the supplier of technology and services is also securing its long-term sourcing for battery cells. “We have to understand battery cells, but we do not have to make them ourselves,” says Dr. Stefan Hartung, member of the board of management and chairman of the Mobility Solutions business sector. “With CATL, we have brought an established cell specialist for lithium-ion batteries on board as a partner. In combination with our systems know-how and expertise in battery management, we will extend our strong position in the 48-volt battery market.” CATL, one of the world's leading experts of lithium-ion battery is currently building a battery factory in Erfurt, Germany. For Bosch, this alliance is another step on the path to market leadership in electromobility. Numerous global automakers already use Bosch’s 48-volt battery.
Mobility Solutions is the largest Bosch Group business sector. According to preliminary figures, it generated sales of 52.6 billion euros in 2022, and thus contributed almost 60 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting, and combines the group’s expertise in the domains of personalization, automation, electrification, and connectivity. For its customers, the outcome is integrated mobility solutions. The business sector’s main areas of activity are injection technology and powertrain peripherals for internal-combustion engines, diverse solutions for powertrain electrification, vehicle safety systems, driver-assistance and automated functions, technology for user-friendly infotainment as well as vehicle-to-vehicle and vehicle-to-infrastructure communication, repair-shop concepts, and technology and services for the automotive aftermarket. Bosch is synonymous with important automotive innovations, such as electronic engine management, the ESP anti-skid system, and common-rail diesel technology.
The Bosch Group is a leading global supplier of technology and services. It employs roughly 420,000 associates worldwide (as of December 31, 2022). According to preliminary figures, the company generated sales of 88.4 billion euros in 2022. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility. Bosch is pursuing a vision of mobility that is sustainable, safe, and exciting. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to facilitate connected living with products and solutions that either contain artificial intelligence (AI) or have been developed or manufactured with its help. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.” The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiary and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. With its more than 400 locations worldwide, the Bosch Group has been carbon neutral since the first quarter of 2020. The basis for the company’s future growth is its innovative strength. At 128 locations across the globe, Bosch employs some 85,000 associates in research and development, of which nearly 44,000 are software engineers.
Additional information is available online at www.bosch.com, www.iot.bosch.com, www.bosch-press.com, www.twitter.com/BoschPress.
