Bosch to invest up to 500 million euros to develop components for hydrogen electrolysis

Bosch to develop the stack – the core component of an electrolyzer. Stefan Hartung: “Our intention is to use Bosch technology to support the rapid expansion of hydrogen production in Europe.”Bosch to work on service concepts in order to promote a circular economy.Dubai, United Arab Emirates – Bosch announces investing up to 500 million euros towards the development of electrolyzer components under its Mobility Solutions business sector by the end of the decade. When it comes to green hydrogen, Bosch is stepping on the gas: in the interest of effective climate action, the company is planning not only to use this new fuel, but also to be one of the companies producing it. This is why Bosch is branching out into the development of components for electrolyzers, which use electrolysis to split water into hydrogen and oxygen. Ideally, the electricity for this purpose is generated…

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