The planned investment was one billion euros more than earmarked in its previous investment plan for 2021-2024, the statement added.
Bosch expects one in five new trucks weighing six metric tons or more would feature fuel-cell powertrains by 2030, it said.
Bosch said production of its fuel cell power module - a fuel cell system generating electricity in vehicles from hydrogen, primarily used in commercial long-distance applications - has begun in its Stuttgart-Feuerbach plant in Germany and in Chongqing, China.
Daimler Truck (DTGGe.DE) plans to bring a hydrogen truck to market in the second half of the decade, forming a joint venture with Volvo (VOLVb.ST) to develop the zero-emissions technology.
Automaker Stellantis said this year it would begin deliveries in Europe of its first medium-sized vans powered by hydrogen fuel cells by the end of 2021.
Persons:
Bosch, Stefan Hartung, Feuerbach, Stellantis, Victoria Waldersee, Ilona Wissenbach, Emelia Sithole
Organizations:
Bosch, Nikola Corporation, Daimler, Volvo, Volkswagen, Thomson
Locations:
BERLIN, Stuttgart, Germany, Chongqing, China, American, Europe