Bosch reorganizes division for commercial vehicles

IAA 2024 Bosch reorganizes commercial vehicle division

2024-09-16 From Sven Prawitz | Translated by AI 1 min Reading Time

The supplier aims to boost revenue in the commercial vehicle technology sector by restructuring its division. This strategic reorganization is designed to enhance focus and efficiency, driving growth in this key market segment.

Bosch location in Reutlingen, Germany.(Image: Bosch) — Bosch location in Reutlingen, Germany.
(Image: Bosch)

Bosch wants to take advantage of the opportunities arising from the growth in global freight transportation and the switch to alternative drive systems. As the supplier also announced at the IAA Transportation, the commercial vehicle business is therefore being reorganized within the Mobility division. From January 2025, the company will combine system development and product and portfolio management for trucks and off-road applications in a new business unit. This unit will be headed by Jan-Oliver Röhrl, Executive Vice President Commercial Vehicles and Off-Road.

According to dpa, Bosch generates one in four euros with parts for commercial vehicles. The Group expects a mix of drive systems in the future: According to internal forecasts, around 20 percent of all newly registered commercial vehicles heavier than six tons worldwide will have a battery-electric drive in 2030; around three percent will be powered by fuel cells. This means that by 2035, a good one in three trucks will be driven with a battery on board and one in ten with a fuel cell. By this time, the first vehicles with hydrogen engines will be on the road.

This article first appeared on our sister website www.automobil-industrie.de (German language)

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