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Green Technologies: Bosch's Main Growth Driver

09-11-2007

Asia Pacific to contribute roughly 25 percent of total Bosch Group sales by 2015. Bosch plans to invest a further 1.4 billion euros in Asia Pacific between 2008 and 2010.

In the next few years, half of global GDP growth will be accounted for by the countries in Asia Pacific. By 2015, the region's economic output will reach the level of Europe and North America. By that time, it is estimated that the region's population will total some 4.4 billion. The Bosch Group is preparing for this growth. To take the example of the vehicle: stricter environmental standards mean that efficient injection systems will increasingly be deployed in the countries of Asia. This is an especially good opportunity for the clean diesel, as well as for sales of economical gasoline systems. In addition, the demand for safety will increase significantly: braking control systems such as ABS and ESP will gradually become established. In Suzhou, China, Bosch is currently expanding its production of control units for airbags, ABS, and ESP, at a cost of roughly 100 million euros. Also in China, the company took Asia's largest winter test circuit into operation just a few months ago.

"We are strengthening our presence in Asia above all because we want to significantly grow the business we do with Asian automakers. 'Safe, clean, and economical' is increasingly taking on relevance for vehicles in Asia. Over the next few years, new models will gradually fulfill ever stricter exhaust regulations," Fehrenbach said. Bosch wants to triple Asian sales by 2015 growth above all with "green" technologies.


Editor:Frederick Wei from from Chinabuses.com


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