Bosch Investing 400M Annually on Powertrain Electrification; Anticipates EVs and PHEVs to Gain 3% Global Market Share by 2020
Green Car Congress
JULY 8, 2010
Bosch anticipates that electric and plug-in hybrid vehicles will take almost a 3% share of the global new car market in 2020. Source: Bosch. Click to enlarge. PSA Peugeot Citroën and Bosch have formed an engineering alliance to develop diesel hybrids with electric four-wheel drive, which will go into series production in 2011.
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