“This new investment will not only strengthen our competitive position but will also benefit our customers and help combat the crisis in the semiconductor supply chain,” said Dr. Stefan Hartung, chairman of the board of management.
Scheduled for completion in the next three years, the Reutlingen-based extension will allow Bosch to bolster its semiconductor production. With an additional 3,600 square meters of clean-room space, the all-new production facility will go into operation in 2025. While that’s still some time away, the company is clearly preparing for the future, especially as electric vehicles become more commonplace.
Hopefully, the chip crisis doesn’t extend as far as 2025, but carmakers have previously warned the situation may stretch into 2023. Production stoppages aside, carmakers have also taken to removing features from cars as a way of navigating the shortage. While not a permanent solution, it allows production lines to continue moving. GM recently did this with the C8 Corvette, temporarily deleting the rear park assist system from the sportscar’s options list.