Bosch is planning not only to use green hydrogen but also to be one of the companies producing it. To do so, Bosch is branching out into the development of components for electrolyzers, which use electrolysis to split water into hydrogen and oxygen.
“We cannot afford to delay climate action any longer, so we aim to use Bosch technology to support the rapid expansion of hydrogen production in Europe,” said Dr Stefan Hartung, chairman of the board of management of Robert Bosch GmbH, at the presentation of the company’s annual figures.
“To do this, we will leverage our know-how in fuel-cell technology,” added Dr Markus Heyn, member of the board of management of Bosch and chairman of the Mobility Solutions business sector.
Bosch will assign the development of electrolyzer components to the Mobility Solutions business sector, investing up to 500 million euros in this venture…