News Digest Item
31 Jul 2017

Bosch will decide on battery cell production by year-end

Welt am Sonntag

German automotive component supplier Bosch will decide on whether to start its own battery cell production around the end of 2017 or beginning of 2018, Bosch’s chairman of the board of management Volkmar Denner told the Welt am Sonntag in an interview. Bosch faces strong competition in Asia and needs to find a “disruptive approach” in manufacturing technology, said Denner. If diesel sales continue to decline, Denner expects a shift towards petrol engines, because “for people, e-mobility is not a real alternative yet.”

Read the interview (behind paywall) in German here.

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