Bosch to invest around €950M in development and production of electromobility and automated driving tech in China; new JV for BEV and FCEV systems
Bosch will invest around €950 million in the development and production of components for electromobility and automated driving in Suzhou, China. Tthe first phase of the project in the eastern city of Suzhou will be completed by mid-2024.
https://www.greencarcongress.com/2023/01/20230113-bosch.html