Stuttgart, Germany – The Bosch fuel-cell power module is in volume production. And with that, the technology company’s recycling plan is getting underway. Fuel cells contain what are known as platinum group metals1 (PGMs) – and circular economy models are a particularly worthwhile way to recover these valuable raw materials. For example, almost all the platinum in fuel-cell stacks – at least 95 percent – can be recovered. That is why Bosch aims to repurchase stacks when their useful life expires. “By recycling, we can make the stacks more economical and at the same time reduce the carbon emissions associated with platinum mining,” says Thomas Pauer, the president of the Bosch Powertrain Solutions division. “We’re already laying the groundwork for recovering rare raw materials like platinum. Our estimates suggest that by 2030 at the latest, appreciable numbers of fuel cells will need recycling,” he adds. Platinum acts as a catalyst in the fuel cell, accelerating the reaction of hydrogen and oxygen. Recycling platinum can save more than 95 percent of the carbon emissions associated with platinum mining.
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About Bosch
The Bosch Group is a leading global supplier of technology and services. It employs roughly 421,000 associates worldwide (as of December 31, 2022). The company generated sales of 88.2 billion euros in 2022. Its operations are divided into four business sectors: Mobility, 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 470 subsidiary and regional companies in over 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 136 locations across the globe, Bosch employs some 85,500 associates in research and development, of which nearly 44,000 are software engineers.
The company was set up in Stuttgart in 1886 by Robert Bosch (1861–1942) as “Workshop for Precision Mechanics and Electrical Engineering.” The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant upfront investments in the safeguarding of its future. Ninety-four percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The remaining shares are held by Robert Bosch GmbH and by a corporation owned by the Bosch family. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust.
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