R0BERT BOSCH GmBH TAKES A STEP CLOSER TOWARDS ELECTRIFICATION OF TRANSPORTATION THROUGH DEVELOPMENT OF TECHNOLOGICALLY ADVANCED AND INTELLIGENT POWERTRAINS VIA SEVERAL PROJECTS
- Vikas Kumar
- November 17, 2023
- AUTOMOTIVE, NEWS
- Middle East EV Powertrain Market Analysis, Middle East EV Powertrain Market Forecast, Middle East EV Powertrain Market Growth, Middle East EV Powertrain Market Outlook, Middle East EV Powertrain Market Share, Middle East EV Powertrain Market Size, Middle East EV Powertrain Market Trends
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Robert Bosch GmBH Is Continuing to partner with other entities and establishing new R&D centers for the development of electric vehicle powertrains.
As of November 2022, Robert Bosch GmBH has established a quantum computing partnership with IBM, with this partnership the company aims to use quantum computing materials simulations to find substitutes for precious and rare earth metals, the simulation data will be used to develop the carbon neutral powertrains and its components and helps to reduce the cost incurred to develop a unit of powertrains, making electric vehicles more accessible and enables mass adoption. Furthermore, in November 2022, the company also laid down the foundation stone for the development of new research and engineering center in China, the new center will accommodate more than 540 associates, whose sole purpose will be to work on smart cockpit technologies and intelligent powertrain solution, focusing majorly on software development.
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Robert Bosch GmBH is pursuing all technological paths and offering a wide range of products and services in powertrain technology.
The company is committed to the ambitious Paris climate targets and taking all necessary structural changes to ensure that the transformation in powertrain technology harmonizes with the interests of ecology, business, and society with the goal of making mobility carbon neutral. In electromobility, the company follows the strategy of maintaining a broad product portfolio for acquiring a leading market position in this high-growth promising area of powertrain technologies and components. The company’s portfolio comprises components such as electrical machines, e-axels (as an entire powertrain), power electronics, and 48-volt batteries. The company offers products for both pure electric vehicles as well as plug-in hybrids. The company is also expanding its legs tapping opportunities in other areas where in 2022, it launched a new electrical powertrain for small trucks which will be used in intercity distribution traffic and complies with strict emission norms imposed by the governments. Furthermore, the company recognizes China as one of the most important markets for electromobility and automated driving, and is undertaking important steps in terms of partnerships and joint ventures for making an impact in this market as well. In January 2023, the subsidiary Bosch Automotive Products Co., Ltd., located in Suzhou, and the Suzhou Industrial Park Administrative Committee signed an agreement under which they will expand their engineering and production activities for components in the field of electromobility and automated driving.
Robert Bosch GmBH driving assistance and automated driving technology: Being future-ready by developing and incorporating powertrains for automated driving in today’s vehicle.
The company expects the number of vehicles equipped with SAE Level 2 or Level 2 hands-free systems will double by the year 2030. They are systematically making improvements in their driver assistance systems for automation levels 1 and 2 and working on automated driving functions that significantly relieve drivers on freeways and in congested traffic. In addition, the company is developing automated driving in line with SAE Levels 3 and 4. By the end of 2022, the company announced that automated valet parking, the SAE Level 4 driverless parking system developed by Bosch and Mercedes-Benz for use in a parking garage at Stuttgart Airport, has been approved by the German authorities for regular use. The fully automated and driverless parking system collects and returns the vehicle completely autonomously. Since the above announcement, Bosch and the parking garage operator APCOA have announced plans to roll out the technology to 15 more parking garages in Germany.
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FUTURE PROJECTIONS
For the future, the company is investing in the development of the whole value chain of electromobility. They are further expanding their capacity in semiconductors as well, where they have already opened a new wafer fab in Dresden in 2021 which is operational and processes 300-millimeter-diameter wafers. Apart from this, more than 250 million euros are to be invested in expanding the clean-room space in Reutlingen. Starting in 2025, the company is expanding its manufacturing capacity for processing 200-millimeter wafers. The further expansion of the Reutlingen location will primarily serve the growing demand for MEMS in the automotive and consumer sectors, as well as for silicon-carbide power semiconductors. Volume production of these semiconductors started in December 2021. They are used in the power electronics of electric and hybrid vehicles, where they also help increase range. In 2022, the semiconductor business of the company invested a total of almost 450 million euros in the corresponding production facilities and infrastructure. Within the IPCEI ME (“Important Project of Common European Interest on Microelectronics”) funding program alone, Bosch plans to invest about 3 billion euros by 2026 in the development and manufacture of microelectronics and systems based on them.
About Robert Bosch GmBH
Bosch Group is a global supplier of technology and services. It employs roughly 421,300 associates worldwide (as of December 31, 2022). The company generated sales of 88.2 billion euros in 2022. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility. Bosch is pursuing a vision of mobility that is sustainable, safe, and exciting. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to facilitate connected living with products and solutions that either contain artificial intelligence (AI) or have been developed or manufactured with its help. The Bosch Group comprises Robert Bosch GmbH and its roughly 470 subsidiaries 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 with more than 400 locations worldwide.
Conclusion In conclusion, Bosch’s partnerships and major investments are a significant step towards promoting zero-emission transportation and improving air quality in the US. The projects will not only provide safe and accessible battery and electric vehicle powertrain technology but also support the adoption of electric vehicles. The success of these projects will have a positive impact on the environment and the economy, and it is a testament to Robert Bosch GmBH commitment to sustainable transportation solutions
Further, a few other investments in the Middle East EV Powertrain Market are also expected in the near future. According to the UnivDatos Market Insights, the surge in the investments related to EV Powertrains will drive the scenario of EV Powertrains in the Middle East and as per their “Middle East EV Powertrain Market” report, the market was valued at USD 2.1 Billion in 2022 and expected to grow at a CAGR of 26.73% during the forecast period from 2023 – 2030 to reach USD XX Million by 2030.
