Bosch Group has plans to invest over $200m to manufacture fuel cell stacks at its South Carolina facility in the US, reported Reuters.
A fuel-cell power module generates electricity from hydrogen in vehicles.
It is used in commercial vehicles.
The firm intends to expand its current Anderson facility to support fuel cell production.
Fuel cell production at the facility is anticipated to begin in 2026.
See Also:
This investment is expected to create at least 350 new jobs.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe fuel cell stacks will support hydrogen-powered trucks that would hit the US roads in the next few years.
This move by the company comes as the US Environment Protection Agency (EPA) has proposed to reduce nitrogen oxide emissions from heavy trucks from 47% to 60% by 2045, thereby compelling the industry to embrace hybrid or electric powertrains.
Last year, the German firm signed a deal with Nikola, an electric truck maker, to develop Bosch fuel-cell power modules, reported Reuters.
Bosch will deliver completely assembled fuel-cell power modules and other major components to the Phoenix, Arizona-based Nikola.
Bosch owns stake in Nikola, which expects to roll out fuel-cell power modules next year.
———————————————————————————————————————
Image: The fuel cell stacks will support hydrogen-powered trucks that would hit the US roads in the next few years. Credit: F. Muhammad from Pixabay.
