Bosch Renews Collaboration with MIT Energy Initiative

CAMBRIDGE, MA - Bosch, a leading global supplier of technology and services, renewed its energy research collaboration with the MIT Energy Initiative (MITEI) at a ceremony in Cambridge, Massachusetts, yesterday. The agreement, signed by MIT Vice President for Research Maria Zuber and Robert Bosch LLC, President Mike Mansuetti, confirms the collaboration between the two institutions and establishes a new path forward. “To bring research from the lab to the marketplace, it’s essential to have a keen awareness of the industry perspective. MIT’s work with Bosch is one example of how we’re gaining that vital insight,” Zuber said. “We’re extremely pleased to be continuing this productive collaboration with a company devoted to developing innovative technology for sustainable growth.” Mansuetti added that renewing the MIT Energy Initiative research partnership is important because it “advances Bosch’s commitment to science, technology, engineering and math – or STEM education – which Bosch supports at all levels, from elementary school children to students who are pursuing college and post-graduate education. In addition, Bosch is proud to support MIT, as it is regarded as a premier educational and research institution.” Bosch, a member of MITEI since 2008, will continue as a Sustaining Member and committed another $5 million over a five-year period to fund a research portfolio focused on energy efficiency and renewable energy research projects. In addition to the research portfolio, Bosch will continue to support competitively awarded fellowships for MIT graduate students to conduct research in various energy disciplines. (Learn about a past fellow, Sophie Ni: http://mitei.mit.edu/node/2412) Over the past five years, the research collaboration between MIT scientists and Bosch Corporate Research has focused on the search for new materials for electrochemical energy storage, thermoelectric materials for residential heat and electricity co-generation, and ultra-efficient thin-film solar cells. “Bosch has been a strong collaborator in our work to advance cutting-edge energy science and technology,” the MIT Energy Initiative’s Director Robert Armstrong said. “We expect our collaboration will strengthen in the years ahead as we build on established relationships and research and tackle new global challenges to create a clean, affordable energy future.” About MITEI MITEI is an Institute-wide initiative at MIT designed to help transform the global energy system to meet the challenges of the future. Through research, education, campus energy management and outreach activities, the initiative uses an interdisciplinary approach covering all areas of energy supply and demand, security and environmental impact. For more information, please visit http://mitei.mit.edu/. About Bosch The Bosch Group is a leading global supplier of technology and services. In fiscal 2012, its roughly 306,000 associates generated sales of $67.5 billion. Since the beginning of 2013, its operations have been divided into four business sectors: Automotive Technology, Industrial Technology, Consumer Goods, and Energy and Building Technology. The Bosch Group comprises Robert Bosch GmbH and its roughly 360 subsidiaries and regional companies in some 50 countries. If its sales and service partners are included, then Bosch is represented in roughly 150 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. Bosch spent some $6.1 billion for research and development in 2012, and applied for nearly 4,800 patents worldwide. The Bosch Group’s products and services are designed to fascinate, and to improve the quality of life by providing solutions which are both innovative and beneficial. In this way, the company offers technology worldwide that is “Invented for life.” Additional information is available online at www.bosch.com and www.bosch-press.com. In the U.S., Canada and Mexico, the Bosch Group manufactures and markets automotive original equipment and aftermarket solutions, industrial drives and control technology, power tools, security and communication systems, packaging technology, thermotechnology, household appliances, solar energy, healthcare telemedicine and software solutions. Having established a regional presence in 1906, Bosch employs nearly 24,600 associates in more than 100 locations, with consolidated sales of $10.6 billion in fiscal year 2012. For more information, visit www.boschusa.com, www.bosch.com.mx and www.bosch.ca.