Auto Industry
Industry: Email Alert RSS FeedBosch will be hybrid player.(Suppliers)(Robert Bosch GmbH will launch hybrid vehicles)(Brief Article)
Automotive News, June, 2005 by Chew, Edmund
Byline: Edmund Chew
About 50 hybrid models will be on sale globally by 2010, and supplier Robert Bosch GmbH wants its technology in at least 10 of them, said Bernd Bohr, head of Bosch's automotive operations.
Bosch was not involved in the first wave of hybrid models because its major customers did not believe the technology would be cost-effective, said Manfred Walter, head of the competence center for hybrid systems that Bosch created last year.
But those attitudes are changing.
"We will be making some major announcements in the near future when the customer is ready to go public,'' Walter said.
Bosch expects the market share of hybrids to grow to 1 percent of global vehicle sales by 2010, possibly rising to 5 percent by...
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