The Bosch Group comprises Robert Bosch GmbH and its roughly 360 subsidiaries and regional companies in some 50 countries.

ENGADGET: Bosch introduces affordable Power Max home EV charger range, starts at $450

Bosch Group, which has its UK base in Uxbridge, west London, issued a statement in response to the allegations.

BBC: Dyson claims rival Bosch placed mole within head office

It said it was facing the worst economic downturn for decades, saying that this had "left its mark on the Bosch Group".

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The Bosch Group is a leading global supplier of technology and services.

ENGADGET: Bosch introduces affordable Power Max home EV charger range, starts at $450

The Bosch Group's products and services are designed to fascinate, and to improve the quality of life by providing solutions which are both innovative and beneficial.

ENGADGET: Bosch introduces affordable Power Max home EV charger range, starts at $450

Big investors include television makers such as Japan's Matsushita, Philips, a Dutch electrical group, and car-parts makers such as Germany's Bosch.

ECONOMIST: Czech industry