Bosch to invest $200 million to make fuel cell stacks in South Carolina

(Reuters) – Bosch Group mentioned on Wednesday it would make investments greater than $200 million to supply gas cell stacks in its South Carolina facility, because the German auto provider accelerates its transition to electrification.

The expertise agency will develop its present Anderson facility to assist gas cell manufacturing, which is deliberate to begin in 2026 creating at the least 350 new jobs.

The gas cell stacks produced within the facility will drive hydrogen-powered vans coming to U.S. roads within the subsequent few years, the corporate mentioned.

The transfer comes because the U.S. Surroundings Safety Company (EPA) proposes to chop nitrogen oxide emissions from heavy vans of 47% to 60% by 2045, which is able to drive the trade to undertake hybrid and electrical powertrains.

A fuel-cell energy module is a system that generates electrical energy from hydrogen in automobiles and is actually utilized in industrial automobiles.

Final yr, Bosch signed a cope with electrical truck maker Nikola Corp to construct Bosch fuel-cell energy modules.

(Reporting by Priyamvada C in Bengaluru; Modifying by Shailesh Kuber)