At a panel discussion on the topic of “research and development perspectives in electromobility” in Berlin, Dr. Volkmar Denner, the chairman of the board of management of Robert Bosch GmbH said that he expected that by 2020, electric cars will have a range of at least 300 kilometers (186 miles).
Electromobility is currently still a niche business, but after 2020 it could very well become a mass market.—Dr. Volkmar Denner
Currently, Bosch is lending its support to the first series production projects such as the Fiat 500e, and is also manufacturing components for advanced plug-in hybrid drives from Porsche and other automakers. Bosch invests some €400 million (US$514 million) in electromobility research and development each year.
Denner also emphasized that electric vehicles will be connected vehicles, exchanging information with their environments. This connectivity improves safety as well as driver comfort.