Bosch is reorganizing its Mobility Solutions business sector, giving it more autonomy within the huge supplier’s corporate structure, and forecasting a surge in revenue to 80 billion euros ($88 billion) by 2029.
The unit will be called Bosch Mobility, and will be led by Markus Heyn, who has been chairman of Mobility Services since January 2022, the supplier said Thursday in announcing 2022 results and forecast for 2023.
The change will be effective Jan. 1, 2024.