Bosch CEO: 15% of new cars by 2025 to be at least a hybrid; batteries to deliver 2x energy density for 1/2 current cost by 2020
Speaking at the 15th CAR Symposium in Bochum, Germany, Dr. Volkmar Denner, chairman of the board of management of Robert Bosch GmbH, said that that Bosch expects roughly 15% of all new cars built worldwide to have at least a hybrid powertrain by 2025. Denner, whose responsibilities on the board of management include research and advanced development, believes that by 2020 batteries will deliver twice as much energy density for half the present cost.
The EU has set strict fleet CO2 targets for 2021. For this reason alone, Bosch expects hybrid powertrains to become the standard for SUVs. This will give diesel and gasoline engines an extra boost.
Electrification will take combustion engines to new heights.—Volkmar Denner
Denner used the example of China to show how important it is in a mass market for electric cars to be suitable for everyday use. There are already more than 120 million electric scooters on China’s roads. In China, Bosch sells an electric wheel hub drive for such e-scooters. With a top speed of 40 km/h, this popular form of transport is fast enough for the traffic conditions in megacities.
Further, their range of roughly 50 kilometers (31 miles) is sufficient for everyday journeys. The electric two-wheelers are such a success because they are a perfect match for Chinese commuters’ needs, Denner said. Many models are less expensive than two-wheelers with combustion engines. According to Denner, the task now is to make such tailor-made solutions possible for cars as well.
The importance of connectivity. The main factor helping to make electromobility convenient will be connecting vehicles with the internet of things.
Electric cars are good but connected electric cars are better.—Volkmar Denner
Charging, for example, will become much more convenient. Bosch Software Innovations, the Bosch Group’s software and systems unit, has developed an app that makes it significantly easier to reserve the charge spots of different providers and pay for the electricity. Up to now, doing this would have required a different customer card for each provider. Now all drivers need is a smartphone, the app, and a PayPal account to recharge anywhere in Germany.
Bosch also complements this with a software platform that links 80% of all charge spots in Germany. As this example shows, Bosch no longer sees itself solely as a supplier of automotive components. The company is now combining its expertise in all three mobility domains—automation, electrification, and connectivity—and will in the future be offering its customers integrated mobility solutions.