21
May
Bosch Group, a global supplier of technology and services, plans to invest euro 1 billion in fuel-cell technology from 2021 to 2024. Fuel cells convert hydrogen into electricity, and Bosch is developing both stationary and mobile fuel-cell solutions. The company will make an upfront investment of 5 billion euros in electromobility with an euro 700 million investment in 2021 alone. In India, Bosch has made significant investments in electrification and local solution development in three broad categories, said Guruprasad Mudlapur, chief technology officer, Bosch. “We are developing battery systems and electric mobility solutions in the lower voltage category of 48 volts…