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In powertrain technology, electromobility is establishing itself as Bosch’s core business. The supplier of technology and services is making upfront investments of 700 million euros in this area in 2021. Up to now, its upfront investments in electromobility total five billion euros. Currently, Bosch sales revenue from electrical powertrain components is growing twice as fast as the market, at almost 40 percent. The aim is to increase annual sales fivefold to a total of some five billion euros by 2025.
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