Bosch forays into USD14.8 billion hydrogen electrolysis market

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Bosch has developed a preintegrated flexible thermal unit aimed at significantly improving the EV driving range

German conglomerate Bosch plans to enter the components business for hydrogen electrolysis and has line up investments to the tune of EUR500 million (USD) in this new area of business by end 2030, the company said on 4 May 2022.

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