70% of all cars in Europe will be pure EVs by 2030, says Bosch

Bosch is also said to be working on an injection technology for a hydrogen engine in India.

Bosch recently concluded its annual press conference for Q1 2024. The automotive company laid out its future roadmap, while also giving its forecast on the future of the global automotive industry.

Bosch forecasts that by 2030 nearly 70% of all new cars in Europe will be pure electric. This prediction is slightly lower in America & China, with figures ranging between 40% to 50%. In addition to this, Bosch also anticipates sales volume of hydrogen technology to be worth 5 billion euros by 2030.

Stefan Hartung, Chairman of the Board of Management, Bosch, stated, "China will likely be leading the market for the time being. We don’t expect to see major growth in Europe and North America until the next decade."

Bosch is also said to be working on an injection technology for a hydrogen engine, which will be on the road in India as early as this year.

Source: JustAuto