Bosch signed an investment framework agreement with Ningguo Economic and Technological Development Zone to jointly promote the comprehensive utilization of waste lithium batteries

Bosch announced that it has signed an "Investment Framework Agreement" with the Ningguo Economic and Technological Development Zone Management Committee. The two parties will jointly develop a 120,000 tons/year waste lithium battery resource comprehensive utilization project, with an estimated total investment of 2.49 billion yuan. The project aims to strengthen the company's layout in the field of new energy waste lithium battery resource comprehensive utilization and promote economic development in the Yangtze River Delta region.