Strategic expansion of existing battery research
The acquisition of Seeo Inc. fits seamlessly into Bosch's electromobility strategy. Bosch already offers a wide range of components for electromobility, from motors and power electronics to batteries.

So far, Bosch has realized 30 production projects related to electromobility. At the same time, engineers are working on further refining the technology, and in doing so, making electromobility a more practical proposition. After all, by 2025, the company forecasts that roughly 15 percent of all new cars built worldwide to have at least a hybrid powertrain.

In Europe, more than a third of all new cars will be electrically powered - the majority as plug-in hybrids. To this end, in 2014 Bosch joined GS Yuasa and Mitsubishi Corporation in establishing the joint venture Lithium Energy and Power GmbH & Co. KG, whose objective is to develop a more powerful generation of lithium-ion batteries.

Seeo Inc.'s technology complements the work done thus far with Bosch's Japanese partners. The result will be a combination of groundbreaking start-up technology with Bosch's systems and technology know-how, GS Yuasa's cell competence, and Mitsubishi Corporation's broad industrial base.

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