Bosch, which recently set up a hybrid powertrain unit, is going ahead to develop a high performance lithium-ion battery.
The new project unit will help Bosch as it works on further developing the core competence it needs for the increased use of electrical motors in drive systems.
"In the Bosch Group, more than 40% of our research and development budget now goes into products that conserve resources and protect the environment. In 2007 alone, this was a good 1.5 billion euros," said CEO Franz Fehrenbach.
"Going beyond energy efficiency, greater effort is to be invested in harnessing and utilizing renewable energies. Sales generated with these systems will grow at a double-digit rate to more than 750 million euros in 2008 – and are expected to exceed 1.2 billion euros in 2010.
"But in the 21st century we shall only be able to meet our ambitious targets for carbon dioxide reduction if we have enough specialists. Not enough thought is devoted to this subject, let alone action," Fehrenbach said. "Education has hardly ever been as important as it is now, in the age of globalization. Competition for the best people is increasing every single day."
Monday, May 12, 2008
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