Stuttgart/Chongqing, China – Bosch is taking the next step to help fuel cells as emission-free drive solutions achieve a global breakthrough. Together with the premium commercial vehicle manufacturer Qingling Motors, the company has now established a joint venture in China, named Bosch Hydrogen Powertrain Systems (Chongqing) Co. Ltd. The new company will develop, assemble and market fuel cell systems – so-called Fuel Cell Power Modules – for the Chinese market. The goal is to pool the technology and market expertise of both partners and contribute to the development of the Chinese fuel cell market and the transformation of the automotive industry there. According to the Energy Saving and New Energy Vehicle Technology Roadmap 2.0 by the China Society of Automotive Engineers (China-SAE), more than one million vehicles with fuel cell drive systems could be registered in China by 2030. The joint venture aims to provide all Chinese vehicle manufacturers with fuel cell systems. The components required for this, such as the fuel cell stack, air compressor with power electronics, and control unit with sensors, come from Bosch, mainly from the plant in Wuxi. Small-scale production will start there this year. Also in 2021, a test fleet of 70 Qingling trucks equipped with Bosch's Fuel Cell Power Module will hit the road. The market launch of the fuel cell system is planned for 2022/2023.
Mobility is the largest Bosch Group business sector. It generated sales of 52.6 billion euros in 2022, and thus contributed almost 60 percent of total sales. This makes the Bosch Group one of the leading automotive suppliers. The Mobility business sector pursues a vision of mobility that is safe, sustainable, and exciting. 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 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.
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