Bosch to Invest $10 Billion in Digitalization Through 2025
09 Novembre 2022 - 10:34AM
Dow Jones News
By Cecilia Butini
Robert Bosch GmbH said Wednesday that it would invest 10 million
euros ($10.07 billion) through 2025 in digitalization and
connectivity, two-thirds of which would be used in the development
of technologies for sustainability, mobility and modern
industry.
The German automotive supplier also said that it has entered
into a partnership with US giant International Business Machines
Corp., or IBM, focused on quantum computing.
The goal of the partnership is to use quantum computing to run
materials simulations in order to replace metals and rare elements
in both electric motors and fuel cells within the next 10 years,
with the ultimate aim of running carbon-free motor propulsion, the
company said.
Write to Cecilia Butini at cecilia.butini@wsj.com
(END) Dow Jones Newswires
November 09, 2022 04:19 ET (09:19 GMT)
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