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Bosch to begin developing electrolyzer components; €500M investment by end of decade

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Bosch is branching out into the development of components for electrolyzers, which use electrolysis to split water into hydrogen and oxygen. Ideally, the electricity for this purpose is generated from renewable sources such as wind or photovoltaic power, in which case the result is known as “green hydrogen”.

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Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

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Furthermore, in order to secure leadership in the future mobility industry, it has decided to focus on future businesses, such as autonomous driving, hydrogen, robotics and advanced air mobility (AAM). The company is currently producing EVs in this way at its plants in the US, South Korea, the Czech Republic, and India.

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