Bosch committed an additional 58 million euros to its Powertrain Solutions CVT pushbelt plant at Long Thanh Industrial Park in Dong Nai, Vietnam, to raise capacity and turn it into a smart factory. Bosch will have invested 321 million euros in the plant in total by the end of 2018.

Bosch announced a 60 million euro investment to expand its thrust link belt production in Vietnam, part of its Southeast Asia manufacturing growth.