German car parts supplier and home appliance maker Robert Bosch GmbH ... slow growth in its electric vehicles (EVs) business. Sales dipped 1 percent to 90.5 billion euros, the company said. It was the ...

BERLIN-Sales of new electric vehicles (EVs) in Germany plunged in 2024, official figures showed on Jan 6, as a slow switch to battery-powered cars deepened the woes of the country’s flagship ...

Combined, brands such as BYD, XPeng and MG Roewe sold some 25,000 units in Germany. Tesla’s market share also dropped to 1.3 percent from 2.2 percent, as the US electric vehicle maker shifted ...

Bosch employs around 135,000 staff in ... hit by weakening demand and a slower-than-expected shift to electric vehicles, Makers in Germany are battling high costs and cheaper Chinese rivals ...

Europe’s carmakers have been hit by weakening demand and a slower-than-expected shift to electric vehicles. Makers in Germany are battling high costs and cheaper Chinese rivals entering the market.

FRANKFURT, Dec 11 (Reuters) - A number of recently announced staff reduction schemes at Bosch (ROBG.UL ... than-expected shift to electric vehicles, Makers in Germany are battling high costs ...

The idea behind the investment was to build electric motors for nascent EV makers like Rivian. But sales haven't lived up to early projections. Germany-based Bosch, the world's largest automotive ...

Bosch is one of Germany’s biggest employers, with a headcount of 429,000 people at the end of 2023, according to its latest annual report. That figure is likely to be considerably lower by the ...

with the majority in Germany, according to figures provided by the company. Weak demand for electric vehicles had a "direct impact" on the number of orders placed by manufacturers with Bosch, the ...

The car parts manufacturer said some 3,800 of the layoffs are to be made in Germany ... face' According to Bosch, manufacturers need significantly fewer parts to make electric vehicles, also ...