Bosch: Lithium-ion Batteries, future for Hybrid and Electric Vehicles

Bosch is now pursuing their long-term strategy so that they are able to increase use of electric motors in drivetrains. Bosch believes that lithium-ion batteries are the future for automotive hybrid and electrical drives.

Bosch believe that Hybrid and Electric Vehicles will add up to more than three percent of the auto market by 2015, which is why they are taking this time to develop better systems.

Bosch is working closely with Samsung SDI; the two companies are to invest 300 to 400 million dollars over the next five years. For the full report visit The Bosch Group