NewsBosch plans to invest up to 500 million euros...

Bosch plans to invest up to 500 million euros in developing hydrogen-generation technology

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Bosch, the German engineering and technology company, recently announced an investment of up to 500 million euros in the development of electrolyzed components under its Mobility Solutions business sector by the end of the decade. Bosch said it would create components for electrolyzes that divide water into hydrogen and oxygen by using electrolysis as part of its climate change efforts.

At the presentation of the company’s annual numbers, Stefan Hartung, chairman of the board of management of Robert Bosch GmbH, remarked that “we cannot afford to delay climate action any longer, thus we intend to use Bosch technology to enable the rapid expansion of hydrogen production in Europe.” According to Bosch executive board member and chairman of the Mobility Solutions business area, Markus Heyn, “we will use our fuel-cell technology know-how to do this.”

A “smart module” is being developed by Bosch in conjunction with a number of other companies by integrating the electrolyze stack with a control unit, power electronics, and different sensors. From 2025 onwards, the company expects to provide these smart modules to electrolysis plant manufacturers and industrial service providers, with pilot facilities set to begin operation this year. Bosch will integrate a number of these little modules via a straightforward procedure.

Also read: iPhone 15 models are expected to have a pill-and-hole design instead of a notch

James
Jameshttp://Shouzy.com
Technology has been James's passion for over a decade. After graduating from the University of Chester with a Bachelor of Arts degree in Journalism in 2006, started writing full-time shortly after. Over the years, he has worked on everything from Windows XP to Red Star OS, but more recently has settled into the Apple ecosystem. A regular contributor at shouzy.com, James writes about iOS, macOS, and Apple hardware.

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