Heyn ruled out a spinoff of all or part of Bosch’s automotive activities, unlike Continental’s Vitesco powertrain unit. “There is no intent to do a spinoff,” he said, acknowledging that “rumors” had been spread suggesting that.
The growth prospects for Bosch Mobility largely revolve around software, which the supplier says will be a $215 billion market by 2030. He declined to cite specific Bosch figures because it’s not yet clear how to break out revenue directly from software.
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