The past several years have been challenging for the world’s largest automotive supplier, Bosch. While Bosch produces many of the components used in vehicles for everything from driver assistance to communication systems, the accelerating transition to electrification and automation has forced it to rethink its future business as prospects for internal combustion fade. Today, Bosch North America announced it will be investing $1.3 billion in hydrogen technology by 2025.
As Bosch, like other automotive suppliers, tries to adapt to a changing mobility landscape, it has reorganized its massive product development organization. In 2020, Bosch announced that it would combine all of its software development teams across the company into a single organization, the Cross-Domain Computing Solutions unit. This software organization has more than 17,000 employees globally.
But Bosch is still heavily involved in hardware and has been working on hydrogen fuel cell systems for some time. The company was an early investor in Nikola Motors. Bosch is supplying the fuel cell system and electric propulsion being used in some of Nikola’s upcoming long-haul trucks.
The expanded investment in fuel cells brings the total expenditure to more than $1 billion through 2024. Fuel cell systems are more complex than just the stack that takes in hydrogen and oxygen and produces electricity and water. In addition to developing the stack, Bosch is expanding its efforts to produce other supporting components.
However, hydrogen fuel cell vehicles are only useful if hydrogen is available which is why they are currently only sold in California where there are more than 40 refueling stations. While hydrogen rarely exists in isolation in nature, it is the most common element in the universe including in water where each molecule contains two hydrogen atoms. One of the cleanest methods of extracting hydrogen is through electrolysis of water. This process is essentially the reverse of the fuel cell.
Much better than batteries.
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