Bosch to set up R&D, manufacturing plants for EV components in China
Bosch plans to invest around USD1 billion over the next few years on the project in China
Bosch Automotive Products (Suzhou) Co., Ltd, a wholly owned subsidiary of Bosch Group, plans to build research and development (R&D) and manufacturing facilities to design and produce core components for electric vehicles (EVs) and automated driving technologies, the company announced on 12 January 2023.
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