The Bosch Research and Development Centre in Budapest , Source: Bosch Magyarország on Facebook

Bosch plans to turn Hungary into a major e-mobility hub in Central and Eastern Europe

Bosch plans to turn Hungary into a major e-mobility hub in Central and Eastern Europe

The company wants to invest heavily into research and development in Budapest and strengthen links with academia

Last week, the German engineering giant Bosch announced that it will boost its research and development team, as well as the production of technologies related to electric mobility in Hungary. According to István Szászi, head of the Bosch Group in the country, the goal is to make their local operations in Budapest and Miskolc some of the most important in the industry for Central and Eastern Europe.

He also explained that last year the company invested around 700 million euros in the research and development of electromobility and fuel cells. Furthermore, there is no sign of investments in development to slow down in the country.

The move is part of the company’s preparation to meet the growing demand for electric transportation as well as lithium batteries. They estimate that in 2035, 60% of all newly registered vehicles will be electric. Thus they have decided to bet on electric, hydrogen and AI solutions, which will drastically reduce emissions.

The future of electric mobility in Budapest

The company has started construction on a new facility in Budapest, in addition to its current one, employing 3,000 people.

Currently, the Budapest facility already develops a host of electric mobility products ranging from mild hybrids to fully electric cars, including components for electric motors and inverters, energy management systems and charging electronics. They also make e-bikes, silicon chips and much more.

The new facility is expected to open in the second half of 2022. It should strengthen links with Hungarian researchers and boost innovation in the field of sustainable green mobility and autonomous vehicles.

Manufacturing and links with academia in Miskolc

There is another facility planned to expand their Miskolc manufacturing plant. Bosch Hungary is developing a 70,000 square metres logistics and manufacturing centre. The new centre should further the company’s links with Hungarian universities like that with the University of Miskolc, helping to put academic innovation into use.

According to a statement by the company, that particular collaboration has led to the creation of an engine cooling component for electric vehicles.



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