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boschs-1-3bn-investment-we-are-all-in-for-the-hydrogen-economy
© Bosch
boschs-1-3bn-investment-we-are-all-in-for-the-hydrogen-economy
© Bosch

Bosch’s $1.3bn investment: ‘We are all in for the hydrogen economy’

Tech giant Bosch has announced it will invest $1.3bn in hydrogen technology by 2025, as the company continues its focus on climate-neutral technology.

Announced on Tuesday (June 7), Bosch will invest heavily in hydrogen fuel cell and electrolyser technology in the ‘interest of effective climate action’.

The company has plans of investing more than $1bn in mobile fuel cells between 2021 and 2024, where the company hopes to also produce fuel cell stacks, as well as plant components to support its customers.

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