Automotive

Published on March 4th, 2018 | by Daniel Sherman Fernandez

0

Bosch Decides Not To Produce Battery Cells

Robert Bosch has decided against producing its own battery cells, saying the investment necessary is too risky. The decision is a blow to European politicians and automakers who have called for companies to band together to create a regional battery cell producer to compete with Asian players.

Bosch had considered making its own cells to compete with Asian rivals. But it said last year the decision would depend on whether it could make a product that was better and cheaper than that of rivals such as Samsung and Panasonic.

While European companies assemble battery packs for electric cars, the region has no significant player in battery cells – the essential building blocks for the batteries that are currently mostly manufactured in Asia.

Bosch said it would continue to work with cell suppliers to design cells for hybrid- and electric-vehicle batteries, and buy these cells from them. It said it was therefore halting its research into cell technologies and dissolving the Lithium Energy and Power GmbH & Co. KG (LEAP) joint venture for lithium-ion technology.

Bosch ranks No. 1 on the Automotive News Europe list of the top 100 global suppliers, with estimated worldwide sales to automakers of USD46.5 billion in 2016.


About the Author

www.dsf.my is a service to the public and other website owners. www.dsf.my is not responsible for, and expressly disclaims all liability for, damages of any kind arising out of use, reference to, or reliance on any information contained within the site www.dsf.my. While the information contained within the site is periodically updated, no guarantee is given that the information provided in this website is correct, complete, and up-to-date. www.dsf.my is not responsible for the accuracy or content of information contained inside.



Leave a Reply

Your email address will not be published. Required fields are marked *

Back to Top ↑