Bosch goes ahead with projects saying electrification is the future
Bosch believes electrification is the future, announcing plans to design a vastly improved lithium-ion battery cell by 2020. They also have announced plans to create a "mild hybrid" system consisting of a 48V lithium-ion battery and a standard gasoline internal combustion engine (ICE) that will cut costs and increase fuel efficiency by 18%. No price range has been mentioned.
One of the biggest issues for carmakers building EVs these days is the battery packs used to store juice and power these cars. This causes range anxiety, and every big manufacturer has to defeat this obstacle to attracting the public.

ICE

Tesla had issues with range anxiety, so did the Nissan Leaf but until batteries evolve, and more efficient ways of storing and providing electricity are discovered, Bosch is taking the matter into their hands.The company believes electrification is the future, and as Automotive News reports , the German brand intends to develop a vastly improved lithium-ion battery cell by 2020, as well as a new mild hybrid system. According to the same source, their future battery would cost twice compared to today's stickers, but will also provide twice the energy density.Officials claim the development is "on a good path," but they also want to come up with a mild hybrid scheme that will cut costs. For that to happen, Bosch plans to use a 48V lithium-ion battery together with a standard gasoline(internal combustion engine).To put things into perspective, Toyota Prius uses a 220V battery for its hybrid beating heart, but Bosch's alternative also promises to increase fuel efficiency by five percent to 18 percent.The small battery would power an electric motor that would take some heat (pun intended) off the car's engine. How? By keeping the car's electronic functions up and running or by weighing in to power the wheels in different situations.No price has been yet suggested, but once materialized, Bosch's invention might reach the US market as well.