"Bosch increases investment in the billion-dollar-level power battery recycling market. Recently, Bosch issued an announcement stating that the board of directors has approved the proposal for adjusting the company's organizational structure and institution establishment to meet the needs of the company's business development and strategic planning. It plans to establish a new lithium battery recycling division. Bosch has partnered with multiple battery recycling companies to expand its layout, and the establishment of the lithium battery recycling division is another effort in the battery recycling field."