2013 Bosch Group Events


1. Memorandum of strategic cooperation between Bosch and Jiangling Co., Ltd. signed on the Fourth National Project In mid-February 2013, Jiangling Motors signed a strategic cooperation memorandum with Bosch Automotive Diesel Systems Co., Ltd. Both parties will cooperate to jointly prepare for the implementation of the national IV emission standard.

2, forced Chinese manufacturers to compete Bosch solar consider selling or closing business <br> <br> Reuters reported in late March, Bosch said it is considering the sale or closure of its solar energy business, the reason is to reduce the German government's new energy industry Subsidies, while low-priced Chinese similar products hit the market, Bosch suffered a substantial loss. Bosch Solar currently employs approximately 3,000 people.

3, Bosch Automotive business chairman who resigned Bosch Group CEO candidates <br> <br> According to Reuters, the German Bosch Group announced in late March, the Bosch Automotive Group Chairman Bernd Bohr • (BerndBohr) will be held this year He will leave at the end of June, when most of his business will be taken over by Rolf Bulander.

4, Bosch said Yuasa, Mitsubishi to develop automotive lithium battery <br> <br> Bosch local time June 19 news release, the company has entered into a collaboration with the Japanese Yuasa International Group (GSYuasaInternational) and Mitsubishi Corporation The three parties will work together to develop a new generation of high-performance lithium-ion batteries. These batteries will be used in future plug-in hybrid and pure electric vehicles.

5. Bosch plans to enter the Chinese automotive turbocharger market in 2014 <br><br><br><br><br> In the mid-August report, InterBase reported that Bernd Bohr, a member of Bosch's current supervisory board and former head of automotive business, revealed that the company will consider Turbocharger business will expand into the Chinese market next year. Bohr said: “We started slowly, because the first customer postponed production, so the business growth was not as fast as expected. In 2014 we will achieve the plan to achieve the goal of selling 1 million turbochargers. We (turbine increase The pressure regulator business will enter the Chinese market from next year."

6, Bosch Software Innovation and Technology launched Mahindra system integration-related cooperation <br> <br> Bosch Software Innovations late October announced a global strategic business partnership with India Mahindra technology companies, the two sides will focus on global manufacturing and transportation The industry is collaborating to develop and provide scalable software solutions for today's interconnected world.

7. Bosch and Yuasa to launch low-cost lithium batteries by 2020 <br><br> According to "Automotive News," reported in early December, an executive from the Bosch Group stated that the company and its joint venture partner, Yuasa, plan to 2020 The introduction of a low-priced lithium battery in the year will reduce the production cost to half of the current price, and the energy density will be doubled.

8, Bosch intends to invest 1 billion euros in acquisitions outside the automotive industry expansion <br> <br> Reuters reported in late December, parts supplier Bosch Group executives recently said the company is seeking in fields other than the automotive industry M&A expansion and expansion of business types. In 2008 and 2009, Bosch acquired two solar companies, Ersol and AleoSolar, to establish a solar energy business. As the German government has reduced its subsidies for new energy industries, and low-priced Chinese similar products have impacted the European market, the solar energy business of the Bosch Group suffered huge losses last year.

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