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News, Analysis & Perspective on Autonomous Vehicles

Bosch sees ‘huge’ market for electric, self-driving vehicle services

Robert Bosch announced a push into parking, charging and maintenance services for electric and self-driving vehicles as it posted flat annual operating profit on Wednesday. Bosch said it was in talks to expand a research alliance on autonomous vehicles and planned to invest 4 billion euros ($4.6 billion) to develop self-driving cars by 2022.

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