Global Tier 1 suppliers have supported, and in many cases driven, the development of new technologies that eventually find their way into new vehicles, with around 70% of a new car bought in from third parties.
However, with industry ambitions of driverless vehicles and shared mobility, these players have had to adapt and evolve either organically or artificially to keep pace. Some have even seen it necessary to set up corporate venture capital arms in order to pick up talent and get ahead of the competition.
Robert Bosch Venture Capital GmbH (RBVC) was formed back in 2007, with its first investments being made later in 2008. Automotive World spoke to Dr. Ingo Ramesohl, Managing Director of the venture capital firm (VC), to find out why it was established in advance of the initial wave of so-called ‘future mobility’….