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Bosch Makes Another Bet on Fuel Cell Technology
- German car-parts maker sees ‘billions of euros’ in technology
- Twenty percent of e-cars may be powered by fuel cells by 2030
Hydrogen fuel cells have long been lauded for their potential to replace dirtier ways of generating electricity and for portability that could help resolve range-anxiety concerns with battery-powered cars.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
Robert Bosch GmbH, the world’s largest auto-parts supplier, joined forces with fuel-cell stack maker Powercell Sweden AB, in a bet the technology will eventually play a key role in making trucks and cars greener.
The partners will co-develop polymer-electrolyte membrane fuel cells that Bosch will then manufacture under a global license, according to an emailed statement Monday. The stack will add to Bosch’s lineup of fuel-cell products, which turn hydrogen into electricity, and will be launched “in 2022 at the latest.”