Stuttgart/Hannover, Germany – From climate action and cost pressure to driver shortages, the global transportation and logistics industry is facing enormous challenges. Bosch delivers appropriate solutions to meet these challenges. As it moves toward the goal of climate-neutral freight transport, the technology company is steadily expanding its powertrain portfolio. In addition to diesel powertrains, which will continue to play a vital role in commercial vehicles for some time to come, Bosch also offers battery-electric and fuel-cell powertrains. The company has now incorporated another option, the hydrogen engine, to fill the gap in alternative powertrains, particularly for heavy construction vehicles and agricultural machinery. “Climate action is moving freight transport in more diverse directions. We expect alternative powertrains to drive major growth in our business over the course of the decade,” said Dr. Markus Heyn, member of the Bosch board of management and chairman of the Mobility Solutions business sector, at this year’s IAA Transportation in Hannover. In a world full of uncertainties, sales in Bosch’s Mobility Solutions business sector have grown by 6 percent so far this year after adjusting for exchange-rate effects. Bosch generates one-fourth of its sales revenue from commercial-vehicle technology, ranging from vans to 40-ton trucks. In addition to powertrains, the other pillars of Bosch’s commercial-vehicle business are driver assistance systems and connectivity.
Mobility is the largest Bosch Group business sector. In 2023, its sales came to 56.2 billion euros, or just under 60 percent of total Group sales. This makes the Bosch Group one of the leading mobility suppliers. Bosch Mobility 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 electrification, software and services, semiconductors and sensors, vehicle computers, advanced driver assistance systems, systems for vehicle dynamics control, repair-shop concepts, as well as 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 429,000 associates worldwide (as of December 31, 2023). The company generated sales of 91.6 billion euros in 2023. Its operations are divided into four business sectors: Mobility, Industrial Technology, Consumer Goods, and Energy and Building Technology. With its business activities, the company aims to use technology to help shape universal trends such as automation, electrification, digitalization, connectivity, and an orientation to sustainability. In this context, Bosch’s broad diversification across regions and industries strengthens its innovativeness and robustness. Bosch uses its proven expertise in sensor technology, software, and services to offer customers cross-domain solutions from a single source. It also applies its expertise in connectivity and artificial intelligence in order to develop and manufacture user-friendly, sustainable products. With technology that is “Invented for life,” Bosch wants to help improve quality of life and conserve natural resources. 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. Bosch’s innovative strength is key to the company’s further development. At 136 locations across the globe, Bosch employs some 90,000 associates in research and development, of which nearly 48,000 are software engineers.
Additional information is available online at www.bosch.com, www.iot.bosch.com, www.bosch-press.com.
