Stuttgart and Hannover, Germany – Freight transport is an important pillar of the economy. For their green transformation to succeed, commercial vehicles that transport goods must be equipped with alternative powertrains. As a result, the industry is on the move – and Bosch is leading the way. The technology company is expanding its product and solution portfolio and is once again focusing on diversity. “Commercial vehicles’ transition to alternative powertrains will succeed only if we remain technology neutral and continue to develop all forms of powertrains and make them more efficient,” said Markus Heyn, member of the Bosch board of management and chairman of the Mobility business sector, at this year’s IAA Transportation trade fair in Hannover. “In the coming years, we expect the continuing growth in global freight transport and the simultaneous switch to alternative powertrains for commercial vehicles to drive another surge in growth for our business. For us, our business with big vehicles is anything but a small matter – in Mobility, we generate one-quarter of our sales with trucks and vans,” Heyn said.
Contact person for press inquiries:
Athanassios Kaliudis
Phone: +49 711 811 7497
Mobile: +49 152 08651292
E-mail: Athanassios.Kaliudis@de.bosch.com
Press information and images can be found in the press kit:
About Bosch
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.
The company was set up in Stuttgart in 1886 by Robert Bosch (1861–1942) as “Workshop for Precision Mechanics and Electrical Engineering.” The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant upfront investments in the safeguarding of its future. Ninety-four percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The remaining shares are held by Robert Bosch GmbH and by a corporation owned by the Bosch family. The majority of voting rights are held by Robert Bosch Industrietreuhand KG. It is entrusted with the task of safeguarding the company’s long-term existence and in particular its financial independence – in line with the mission handed down in the will of the company’s founder, Robert Bosch.
Additional information is available online at www.bosch.com, www.iot.bosch.com, www.bosch-press.com.