About 60% of Bosch's revenue comes from automotive, but much of it is internal combustion engine related...
- Alternators
- Spark plugs
- Ignition systems
- Engine management
- Injectors
- Starter motors
- Distributors
- Air mass, oxygen and knock sensors
You can see why they may feel a need to reinvent themselves and get into electric car technology including and most importantly - electric vehicles batteries.
In 2015 - Bosch purchased Seeo, Inc, a US based start-up working on solid state lithium ion batteries.
If Alex is in Europe he could be talking to Bosch - or, taking in some skiing and egg nogg with Santa.
AGY Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held
