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Bosch steps back from ‘too risky’ cells production

Mon, 03/05/2018 - 11:34 -- Xuan Zhong
Bosch steps back from ‘too risky’ cells production

German auto-parts maker Bosch has confirmed it is dropping plans to manufacture battery cells and “disbanding” battery-related research as the result of “a lengthy economic assessment”.

Bosch said investing in the commercialisation of cell technologies itself— whether improved existing technologies or future ones— is “too risky” and it will instead focus on out-sourcing.

 

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