Bosch secures new orders worth USD14.3 billion from electromobility
German supplier expects to easily exceed annual sales target of EUR5 billion from electromobility by 2025
Bosch has secured new orders worth ERU13 billion (USD14.3 billion) from electromobility since the beginning of 2018, the world’s largest automotive supplier by sales said in a press release today (11 September). The strong orders in electromobility business has helped the German company’s Mobility sector to deal with the challenging business conditions in the automotive market. Bosch’s Mobility sector cater to the automotive industry.