On February 25, Bosch announced its intention to discontinue its electric vehicle charging services by the conclusion of the first quarter of 2025. Additionally, the related mobile application will cease operations on March 31, 2025. Bosch representatives confirmed that this decision stems from the intensely competitive landscape of electric mobility services, where growth has fallen short of projections, exacerbated by significant cost pressures and investment requirements. As of September 2024, Bosch had facilitated access to over one million charging stations across four continents and forged charging partnerships with prestigious brands like Lotus and Maserati.

To guarantee a seamless transition during this business adjustment, Bosch emphasized that it has engaged in thorough communications with all relevant stakeholders and remains committed to advancing electric drive technology.