An eAxle system for electric vehicles of German technology company Bosch is shown during the annual press conference at the company's research center in Renningen, southern Germany, on April 16, 2026. (Photo by THOMAS KIENZLE / AFP via Getty Images)

An eAxle system for electric vehicles of German technology company Bosch is shown during the annual press conference at the company's research center in Renningen, southern Germany, on April 16, 2026. (Photo by THOMAS KIENZLE / AFP via Getty Images)

Flags with the logo of German technology company Bosch wave in the wind in front of the company's Research Center in Renningen, southern Germany, on April 16, 2026, prior to their annual press conference. (Photo by THOMAS KIENZLE / AFP via Getty Images)

Stefan Hartung, chairman of the board of management of German technology company Bosch, speaks during the annual press conference at the company's research center in Renningen, southern Germany, on April 16, 2026. (Photo by THOMAS KIENZLE / AFP via Getty Images)

Stefan Hartung, chairman of the board of management of German technology company Bosch, speaks during the annual press conference at the company's research center in Renningen, southern Germany, on April 16, 2026. (Photo by THOMAS KIENZLE / AFP via Getty Images)

Stefan Hartung, chairman of the board of management of German technology company Bosch, speaks during the annual press conference at the company's research center in Renningen, southern Germany, on April 16, 2026. (Photo by THOMAS KIENZLE / AFP via Getty Images)

Stefan Hartung, chairman of the board of management of German technology company Bosch, speaks during the annual press conference at the company's research center in Renningen, southern Germany, on April 16, 2026. (Photo by THOMAS KIENZLE / AFP via Getty Images)

Stefan Hartung (L), chairman of the board of management of German technology company Bosch, and CFO Markus Forschner pose in the company's research center in Renningen, southern Germany, on April 16, 2026, during the annual press conference. (Photo by THOMAS KIENZLE / AFP via Getty Images)