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Bosch Investing 400M Annually on Powertrain Electrification; Anticipates EVs and PHEVs to Gain 3% Global Market Share by 2020

Green Car Congress

Bosch anticipates that electric and plug-in hybrid vehicles will take almost a 3% share of the global new car market in 2020. In addition, there are the roughly 650 associates in the SB LiMotive joint venture, who are further developing lithium-ion battery technology for use in the automobile. Source: Bosch. Click to enlarge.

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