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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. However, the company cautions, these figure may vary depending on future legal requirements, rising fuel prices, and progress in battery technology. Source: Bosch. Click to enlarge. SB LiMotive Targets for 2015.

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