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Bosch establishes new connected devices company for Internet of Things

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Bosch has established a new company, Bosch Connected Devices and Solutions GmbH, for the Internet of Things (IoT) and related services; the company will supply compact electronic products and software expertise designed to make devices and objects intelligent and web-enabled across a broad range of applications.

Connect 230
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Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

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The company is currently producing EVs in this way at its plants in the US, South Korea, the Czech Republic, and India. It plans to convert additional lines as market demand dictates. By utilizing existing lines, construction time is much shorter than building new plants and can be ramped up quickly to meet EV demand.

Hyundai 284