Bosch starts fuel cell mass-production targeting €5bn of hydrogen tech sales by 2030
Bosch has today (July 13) announced it has begun the volume production of its fuel cell power modules as it makes its way “into the hydrogen age,” targeting €5bn ($5.5bn) of hydrogen technology sales by 2030.
The German multinational will produce the modules at its Stuttgart-Feuerbach plant which will be supplied to US-based hydrogen truck manufacturer Nikola Corporation – which will serve as pilot customer, utilising the fuel cells in its Class 8 trucks.
It comes as Bosch says it plans to generate sales of around €5bn with its hydrogen technology across the value chain.
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