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Bosch secures $225 million in a direct funding agreement with the U.S. Department of Commerce to support production investments in Roseville, Calif.

PRIVATEJul 13, 2026•about 1 month ago

Amount Raised

$225 Million

Round Type

Grant

Gerlingen-SchillerhöheManufacturingEnergyOil And GasRenewable Energy

Description

Bosch announced a definitive agreement for $225 million in funding from the Department of Commerce's CHIPS Program Office. This funding supports Bosch's larger $2 billion investment to enhance its Roseville facility for silicon carbide semiconductor production. The facility is evolving to produce and test SiC semiconductors with advanced technology. Sample production has already begun, with plans for commercial production in 2026.

Company Information

Company

Bosch

Location

Gerlingen-Schillerhöhe, Baden-Württemberg, Germany

About

The company recently completed a program highlighting its Tre FCEV Alpha Pilot with Anheuser-Busch in California. The company recently announced it would invest more than $1 billion USD globally to develop mobile fuel cell technologies by 2024. The company previously announced a collaboration with Powercell to develop the fuel cell stack. The company generated sales of $93.1 billion in 2021. Bosch has a long presence in Anderson, where it started producing fuel rails in 1985. “Helping Bosch to be among the first to commercialize fuel cell stack production in the U.S. speaks to the strength of our manufacturing industry and workforce. “Bosch is unique in its ability in all these areas. Bosch will be one of the first to market with large-scale production to support hydrogen-powered commercial vehicles.

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