HYDROGEN POWER GETTING CLOSER FOR AUTOMOTIVE.

Bosch is one of the biggest OEM (original equipment manufacturer) suppliers in the automotive industry. From motorcycles, to cars, and even electric bicycles, nearly all motorized vehicles can, in one way or another, be equipped with technology from the German company. Indeed, Bosch’s status as a trailblazer in the automotive industry is by no means slowing down, as the company has recently announced even more investments in alternative fuel. About a year ago, in July, 2022, Bosch announced that it was investing one billion Euros towards hydrogen focused initiatives. This time around, the company has announced yet another investment plan amounting to 2.5 billion Euros all the way until 2026. Since announcing its hydrogen endeavours back in 2021, Bosch has created more than 3,000 jobs, with half of them in Europe. More specifically, Bosch hopes to launch a large-scale production facility of hydrogen fuel cells in its Stuttgart-Feuerbach facility in its home country of Germany.

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