Stuttgart, Germany: Bosch and Contemporary Amperex Technology Co. Limited (CATL) have concluded a long-term strategic cooperation agreement. The partners are going to jointly specify high-performance battery cells. CATL will then design, develop, and manufacture these cells in accordance with Bosch requirements. The cells are to be used in the 48-volt battery developed by Bosch. This battery is the core element of 48-volt hybrid powertrain systems, whose efficiency is making them globally ever more important. In joining this alliance, the supplier of technology and services is also securing its long-term sourcing for battery cells. “We have to understand battery cells, but we do not have to make them ourselves,” says Dr. Stefan Hartung, member of the board of management and chairman of the Mobility Solutions business sector. “With CATL, we have brought an established cell specialist for lithium-ion batteries on board as a partner. In combination with our systems know-how and expertise in battery management, we will extend our strong position in the 48-volt battery market.” CATL, one of the world's leading experts of lithium-ion battery is currently building a battery factory in Erfurt, Germany. For Bosch, this alliance is another step on the path to market leadership in electromobility. Numerous global automakers already use Bosch’s 48-volt battery.
Mobility is the largest Bosch Group business sector. In 2023, its sales came to 56.2 billion euros, or just under 60 percent of total Group sales. This makes the Bosch Group one of the leading mobility suppliers. Bosch Mobility pursues a vision of mobility that is safe, sustainable, and exciting. For its customers, the outcome is integrated mobility solutions. The business sector’s main areas of activity are electrification, software and services, semiconductors and sensors, vehicle computers, advanced driver assistance systems, systems for vehicle dynamics control, repair-shop concepts, as well as technology and services for the automotive aftermarket. Bosch is synonymous with important automotive innovations, such as electronic engine management, the ESP anti-skid system, and common-rail diesel technology.
The Bosch Group is a leading global supplier of technology and services. It employs roughly 429,000 associates worldwide (as of December 31, 2023). The company generated sales of 91.6 billion euros in 2023. Its operations are divided into four business sectors: Mobility, Industrial Technology, Consumer Goods, and Energy and Building Technology. With its business activities, the company aims to use technology to help shape universal trends such as automation, electrification, digitalization, connectivity, and an orientation to sustainability. In this context, Bosch’s broad diversification across regions and industries strengthens its innovativeness and robustness. Bosch uses its proven expertise in sensor technology, software, and services to offer customers cross-domain solutions from a single source. It also applies its expertise in connectivity and artificial intelligence in order to develop and manufacture user-friendly, sustainable products. With technology that is “Invented for life,” Bosch wants to help improve quality of life and conserve natural resources. The Bosch Group comprises Robert Bosch GmbH and its roughly 470 subsidiary 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. Bosch’s innovative strength is key to the company’s further development. At 136 locations across the globe, Bosch employs some 90,000 associates in research and development, of which nearly 48,000 are software engineers.
Additional information is available online at www.bosch.com, www.iot.bosch.com, www.bosch-press.com.
