Bosch is spending around EUR310m (US$333.9m) on a new hub for global engineering.

About 1,200 workers from corporate research and advance engineering are currently moving to a new research campus in Renningen, just outside Stuttgart.

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They will research new materials, methods and technologies, and develop new systems, components, and manufacturing processes.

Renningen also offers space for an additional 500 students and interns. The official opening of the new research campus is scheduled for autumn.

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