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    Unable to find investors, Britishvolt files for insolvency
    Battery startup Britishvolt filed a notice to appoint an administrator in the insolvency courts in the UK on January 17, 2023, after failing to raise funds from new and existing investors to keep the business afloat. While a majority of 300 existing employees have lost their jobs as an immediate consequence of Britishvolt’s liquidation, the development is also being seen as a blow to the UK government’s efforts of establishing a flourishing ecosystem for electric vehicle (EV) and battery man...
    Talking Heads: CES – the wrap
    In 2023, some 300 exhibitors showcased their vehicle technology. Its increasing importance – usurping the traditional auto shows like NAIAS, Paris, IAA and Geneva along the way – is demonstrated if we wind back the clock to 2014. Then, there were just nine OEMs present and some 125 automotive technology exhibitors. With this growth has also come maturity. The 2023 CES was less about fanciful concepts and more about tangible. Click the link above to download the full article.
    BorgWarner spins off fuel systems, aftermarket businesses to sharpen EV focus
    In an attempt to sharpen its focus on electric vehicle (EV) technologies while accelerating growth under the “Charging Forward” strategy, the Michigan-based automotive component supplier BorgWarner Inc. said on December 6, 2022, that it plans to spin off its fuel systems and aftermarket businesses into a separate, publicly traded company (NewCo). The announcement comes amid the ongoing global shift to EVs as both automakers and component suppliers transition supply chains and their respec...
    BorgWarner aims to cut down its Scope 3 emissions by at least 25% by 2031
    Michigan-based global automotive component supplier BorgWarner plans to reduce its absolute Scope 3 emissions by at least 25% by 2031 from a 2021 baseline, the company announced on 15 December 2022. The company said that it has formally submitted its Scope 3 target, along with the previously announced target to achieve 85% absolute Scope 1 and Scope 2 emissions reduction by 2030 (from a 2021 baseline), for validation to the Science Based Target initiative (SBTi). BorgWarner added that these s...
    BorgWarner to display advanced EV solutions at 2023 Auto Expo Components Show in New Delhi
    Michigan-based global supplier of powertrain technologies and EV components, BorgWarner plans to participate at the upcoming 2023 Auto Expo Components show in New Delhi, India next month. The company plans to showcase a broad range of technologies that support vehicle electrification including battery systems, charging stations, electric motors, integrated drive modules, power electronics and high-performance thermal management products like the high voltage coolant heater, among others, BorgWar...
    BorgWarner opens new technical center in Bangalore, India
    BorgWarner has officially opened a new technical center focused on propulsion technologies and software capabilities in Bangalore, India, the company announced on 8 December 2022. According to the company, the new technical center, which is spread across an area of about 2,460 square meters, will focus on systems software development, fuel handling design and mechanical simulation for internal combustion engines, and hydrogen (H2) engine management systems. The new facility, which will have t...
    BorgWarner to spin-off Fuel Systems and Aftermarket business into separate company
    Michigan-based global supplier of powertrain technologies, BorgWarner, has announced its intention to execute a tax-free spinoff of its fuel systems and aftermarket segments into a separate, publicly traded company (“NewCo”), according to a press release dated 6 December. “The intended separation supports optimizing our combustion portfolio and advancing our electrification journey while NewCo would be able to pursue growth opportunities in alternative fuels, such as hydrogen, and in Af...
    BorgWarner acquires Switzerland-based Drivetek AG
    Michigan-based global automotive component supplier BorgWarner Inc. has acquired Switzerland-headquartered Drivetek AG for CHF35 million (USD37.31 million), the company announced on 2 December 2022. BorgWarner said that while it has paid CHF25 million (USD26.65 million) at the closing of the transaction, the remaining amount of CHF10 million  would be paid in the form of contingent payments over the next three years. Commenting on the acquisition, Frédéric Lissalde, President and CE...
    BorgWarner plans to set up a battery systems factory in Brazil
    Michigan-based automotive component supplier BorgWarner plans to set up a new manufacturing facility to produce battery systems in Brazil, the company announced on 25 November 2022. The planned manufacturing plant, which will be located in Piracicaba, Brazil, is expected to allow BorgWarner to produce battery systems for customers locally. While the facility will be launched in phases to meet all quality and safety requirements, the company said that it expects to commence operations and asse...
    BorgWarner to invest USD500 million in US chipmaker Wolfspeed
    BorgWarner and Wolfspeed have signed a strategic partnership that calls for BorgWarner to invest USD500 million in Wolfspeed’s financing transaction in exchange for a silicon carbide device capacity corridor, the Michigan-based supplier of propulsion systems and electric mobility solutions announced on 16 November 2022. Under the multiyear agreement between BorgWarner and Wolfspeed, former will be entitled to purchase up to USD650 million worth of devices annually as its requirements increa...
    BorgWarner reports Q3 2022 net sales at USD4 billion, up 19% y/y
    Michigan-based automotive component supplier BorgWarner has reported third quarter 2022 net sales at USD4,060 million, recording a growth of 19% over the corresponding period last fiscal, the company said on 27 October 2022. BorgWarner had reported net sales of USD3,416 million in third quarter 2021. That said, according to the company, its organic sales during the period grew 29% compared with third quarter 2021. This was calculated after excluding the impact of foreign currencies, the 2022 ...
    BorgWarner opens new production plant for powertrain components in India
    Michigan-based global automotive component supplier BorgWarner has inaugurated a new plant near Chennai, India, under BorgWarner Morse Systems India, according to a news report published by Autocar Professional on 21 September 2022. The company plans to produce and assemble its high-performance engine control and variable camshaft timing (VCT) systems at the new plant, which is slated to be a centralized unit in terms of the production facility as well as warehousing, logistics and shipping, ...
    BorgWarner to acquire EV charging solutions company Hubei Surpass Sun Electric
    Michigan-based global supplier of powertrain systems and electric mobility solutions BorgWarner has acquired China-based EV charging solutions provider Hubei Surpass Sun Electric (SSE) for CNY410 million (USD58.44 million), the company announced on 20 September 2022. “The company has entered into an equity transfer agreement under which it has agreed to acquire the electric vehicle solution, smart grid and smart energy businesses of SSE,” BorgWarner said in a statement Tuesday. The com...
    How is the global semiconductor shortage impacting thermal and powertrain suppliers?
    The global automotive industry reported a semiconductor shortage for the first time in the second half of calendar year (CY) 2020. That was the time when major automakers, which were looking to scale up production and revive industrial activities across the automotive supply chains, struggled to secure necessary supplies of mainly electronic and electrical components powered by the semiconductors. As demand for household appliances including consumer electronics and white goods, and cars witn...
    BorgWarner secures order from Hyundai Motor to supply integrated drive modules
    Michigan-based global supplier of powertrain systems and electric mobility solutions BorgWarner has secured a new order from South Korean carmaker Hyundai Motor Company (HMC) to supply its iDM146 integrated drive module (iDM), the company announced on 10 August 2022. BorgWarner’s iDM146 will power Hyundai’s A-segment electric vehicle (EV) platform, which is scheduled to go in production in the third quarter of 2024, it said. Commenting on the new business win from Hyundai, Dr. Stefan Demm...
    BorgWarner gets first batch of DC fast chargers installed in Italy
    BorgWarner announced on 3 August 2022 that the first units of its all-new fast-charging station, Iperion-120, have been installed in Italy by a local service provider called Route220. The newly installed direct current (DC) charging device offers benefits for users and operators alike through its fast-charging options, easy-to-use operations, compatibility, versatility, and longevity, the company said. According to the company, the Iperion-120 offers superior efficiency by providing the facil...
    BorgWarner secures two new orders to supply 800V high-voltage coolant heaters
    Michigan-based global automotive supplier BorgWarner has won two new orders to supply its advanced 800V high-voltage coolant heater (HVCH) technology for electric vehicles (EVs), the company said on 3 August 2022. The company has won these orders from one global automaker and a mainland Chinese automaker, it said. According to the company, its in-house–developed 800V HVCH, which complements the existing 400V coolant heater, features enhanced electronics and a reliable design, which lays dow...
    BorgWarner acquires Rhombus Energy Solutions, expands EV charging portfolio
    Michigan-based global supplier of powertrain components and electric mobility solutions, BorgWarner Inc. announced on 3 August 2022 that the company has acquired California-headquartered Rhombus Energy Solutions for USD185 million. “The transaction has an enterprise value of up to USD185 million, which is being funded primarily with cash balances,” the company said in an official statement Wednesday, adding that approximately USD130 million was delivered at closing and up to USD55 million...
    BorgWarner reports flat y/y net sales of USD3.75 billion in Q2 2022
    Michigan-based supplier of powertrain and electric mobility solutions BorgWarner has reported US GAAP net sales of USD3.759 billion for the quarter ending 30 June 2022, the company said on 3 August 2022, adding that the quarterly sales performance remained flat when compared with the same period last year. BorgWarner’s net sales for the same period last year stood at USD3.758 billion. The company, however, added that excluding the impact of foreign currencies, the 2022 acquisition of Santro...
    BorgWarner bags order to supply SiC inverters to two performance car brands
    Michigan based supplier of powertrain and electric mobility solutions BorgWarner has bagged orders from two performance car brands to supply new 800V silicon carbide (SiC) inverter, the company announced on 31 May 2022. The company said that the new SiC inverter is designed using BorgWarner’s patented ‘Viper’ SiC 800V power module, which resulted in saving semiconductor and SiC material. Furthermore, the dual-side cooling technology in the power module helped in reducing the product wei...
    BorgWarner bags first OEM contract to supply flexible battery management system technology
    Michigan based supplier of powertrain components and electric mobility solutions BorgWarner said on 4 May 2022 that the company has bagged its first OEM contract to supply its flexible battery management system (BMS). While the company did not disclose the name of the customer, it said that its BMS will be used by the global vehicle manufacturer in all of its B and C segment models as well as on its light commercial vehicle platforms. The company said that its BMS will be equipped on the vehicle...
    BorgWarner bags contract to supply eMotors to a Chinese EV maker
    Global automotive supplier of powertrain components and electric mobility solutions BorgWarner has bagged a contract to supply high-voltage hairpin (HVH) eMotors to a leading electric vehicle company in China, the company said on 4 May 2022. The BorgWarner-made eMotors will be used in the electric vehicle (EV) maker’s second-generation 800V propulsion system platform and the model built on the said platform is expected to start mass production in October 2023, it said Wednesday. “We are e...
    BorgWarner reports Q1 2022 net sales at USD3.87 billion, down 3% y/y
    Michigan-based global supplier BorgWarner has reported first quarter 2022 net sales of USD3.87 billion, down 3% y/y on the overall decline in the automotive industry production volumes and weaker foreign currencies, the company said on 4 May 2022. BorgWarner’s first quarter 2021 net sales stood at USD4 billion. However, the company said that excluding the impact of foreign currencies and divestitures, organic sales were up 1% y/y over first quarter 2021. While BorgWarner’s operating incom...
    BorgWarner concludes acquisition of China’s Santroll Automotive Components
    Michigan-based global supplier of powertrain technologies and electric mobility solutions BorgWarner has completed its acquisition of China’s Santroll Automotive Components, the company updated on 1 April 2022. Notably, Santroll Automotive Components is a unit of Santroll’s eMotor business, which is a Tianjin, China-based powertrain supplier. The company designs and manufactures hairpin and concentrated-winding technology eMotors that are used in the light vehicles. Santroll supplies its ...
    BorgWarner reports net sales of USD3,655 million in Q4 2021, down 6.9% y/y
    Global automotive supplier BorgWarner reported net sales of USD3,655 million for the fourth quarter of 2021, down 6.9% from USD3,926 million in the fourth quarter of 2020 on reduced production volumes during the period, the company said on 15 February 2022. BorgWarner said that the decline in industry production had more than offset the increased demand for its products during the December quarter. BorgWarner’s net earnings for the fourth quarter of 2021 were at USD129 million, compa...
    BorgWarner to acquire China’s Santroll Automotive Components for over USD220 million
    Michigan-based global supplier of powertrain technologies and electric mobility solutions BorgWarner has signed an equity transfer agreement with China’s Santroll Electric Auto and Santroll Automotive Components to acquire Santroll Automotive Components for CNY1.4 billion (USD220.65 million), the company said on 15 February 2022. BorgWarner said that the deal entails a closing payment of CNY1.1 billion (USD173.37 million) and an earnout of up to CNY0.3 billion (USD47.28 million). “The tra...
    BorgWarner wins contract to supply SiC based inverters to a global OEM
    Michigan-based global supplier of powertrain technologies and electric mobility solutions BorgWarner said on 15 February 2022 that the company has secured a contract with a major global OEM to supply high voltage generator inverters. The said inverters would be used in an innovative electrified architecture to charge the main batteries, it said, adding that the silicon carbide (SiC) based inverter is designed to provide high levels of continuous current and advanced cooling strategies to manage ...
    BorgWarner to supply innovative heater technology to BMW for premium EV platforms
    Michigan-based global supplier of powertrain technologies and electric mobility solutions, BorgWarner said on 15 February 2022 that the company is supplying its innovative high-voltage coolant heater (HVCH) to the German premium carmaker BMW for the latter’s iX and i4 fully electric architectures. BorgWarner said its coolant heater controls the battery’s thermal management and cabin heating and contributes to significantly enhancing the driving range and durability of the battery. The com...
    BorgWarner signs agreement with PolyCharge to secure innovative capacitor technology
    Global supplier of powertrain technologies and electric mobility solutions BorgWarner has signed an exclusive licensing agreement with PolyCharge America, Inc., a startup company formed to deliver disruptive capacitor products, it said in a press release issued on 15 December 2021. The agreement will help BorgWarner secure exclusive rights to bring the PolyCharge NanoLam capacitors in-house for use in the company’s extensive selection of inverters, strengthening its inverter capabilities and o...
    BorgWarner sells Mississippi plant to Atar Capital as part of its Charging Forward strategy
    Michigan-based global supplier of powertrain technologies BorgWarner said on 5 January 2022 that the company has sold its Water Valley, Mississippi facility to Atar Capital. The company said that the sale of the said plant is consistent with its accelerated electrification strategy, which it refers to as Project Charging Forward, announced in March 2021. Under its Charging Forward strategy, BorgWarner had set a target to dispose of USD3 billion to USD4 billion in annual revenues from its comb...
    BorgWarner becomes CEBA member to extend its support as a clean energy buyer
    BorgWarner joins the Clean Energy Buyers Alliance (CEBA) as a “large energy buyer” to reflect its commitment create a clean and energy-efficient world space, it said in a press release on 30 November. The membership will help unlock the marketplace for energy consumers to lead a rapid transition to a zero-carbon energy future. “BorgWarner is proud to join CEBA, the largest group of clean energy buyers in the United States,” said Dr. Volker Weng, VP, BorgWarner Inc. and president and g...
    BorgWarner sets up new facility in Suzhou to enhance R&D and production capabilities
    BorgWarner’s announcement accelerates second phase of its research and development (R&D) facility in the Suzhou Industrial Park, China, it said in a press release on 24 November. The new facility will help BorgWarner expand its footprint and increase production capacity. “As part of our Charging Forward initiative, BorgWarner is committed to accelerating our electrification strategy and achieving carbon neutrality by 2035, with plans to grow electric vehicle product revenues to approx...
    BorgWarner wins contract to provide 800V SiC inverter for German OEM’s EVs
    BorgWarner has won a contract to provide a new, high-voltage silicon carbide (SiC) inverter to a large German automaker, which will use them in its next-generation electric vehicles (EVs), the company announced on 4 November, without disclosing the name of the OEM. BorgWarner said that its 800V SiC inverter with proprietary power switches provides a more compact and efficient power module, resulting in higher EV range and enhanced driving performance. “We are pleased to have won yet anot...
    BorgWarner reports Q3 2021 net sales at USD3.4 billion, up 35% y/y
    BorgWarner’s Q3 2021 net sales stood at USD3.416 billion, up 35% from USD2.53 billion for the third quarter 2020, the company announced on 3 November. It attributed the y/y growth in net sales to the acquisition of Delphi Technologies and increased demand for its products, which more than offset the decline in industry production. The net earnings, it said, for the third quarter 2021 were at USD96 million as compared with the net earnings of USD111 million for the third quarter 2020. “The...
    BorgWarner to supply its 400V SiC inverter to a European OEM for its BEVs
    BorgWarner announced on 2 November that it has won a supply contract from a European vehicle manufacturer wherein it would supply its 400V silicon carbide (SiC) inverter to power the OEM’s future line up of electric vehicles (EVs). It, however, did not disclose the name of the automaker. According to BorgWarner, its inverter features dual-sided cooled power switches, providing a significant breakthrough in support of vehicle electrification and offering OEMs superior operational characteris...
    BorgWarner secures order to supply P3 drive modules to a major European OEM
    BorgWarner has secured an order to supply its fully integrated P3 hybrid drive module that will power a range of front- and all-wheel drive (AWD) sport utility vehicles (SUVs) for a major European performance-based OEM, the company announced on 14 October without disclosing the name of its customer. According to the Michigan-based supplier of powertrain technologies, its inhouse developed P3 hybrid drive module enables significant fuel economy gains and carbon dioxide (CO2) reduction. The mod...
    BorgWarner to invest USD116 million in a new EV components plant in Portugal
    Michigan-based global supplier of powertrain technologies BorgWarner broke ground for a new plant in Viana do Castelo, Portugal, where it plans to manufacture EV powertrain parts such as electric motors, inverters and battery management systems (BMS) for a wide range of global automakers in Europe, the company announced on 12 October. BorgWarner said it plans to invest EUR100 million (close to USD116 million) in setting up its new manufacturing facility, which is slated to commence operations...
    BorgWarner acquires minority stake in Enexor BioEnergy for USD10 million
    Michigan-based global supplier of powertrain technologies BorgWarner has invested USD10 million in Enexor BioEnergy, LLC, in its Series A funding, acquiring a minority stake in the latter, the company said in a press release on 23 August. Enexor BioEnergy is a company that provides on-site renewable energy and carbon conversion solutions. Borgwarner’s move to acquire the stake in Enexor is in line with its efforts to expand its activities in the sustainability business. “Enexor’...
    Borgwarner invests in CelLink Corp to strengthen its EV battery portfolio
    Michigan-based supplier of powertrain technologies Borgwarner has invested in CelLink Corporation in an attempt to strengthen its electric vehicle battery technology portfolio, the company said in a press release on 16 August. California-based CelLink Corporation is known for developing large, high-conductance flexible circuits for electric vehicle battery and other energy storage applications. The series C equity investment in CelLink Corp complements BorgWarner’s technology investments...
    Borgwarner to supply dual invertor for EVs to two mainland Chinese vehicle manufacturers
    Michigan-based global supplier of powertrain solutions Borgwarner has won contracts to supply dual inverters for two premier mainland Chinese OEMs, the company said in a press release on 4 August, adding that it is making a significant traction in mainland China’s automotive market. While Great Wall Motor Company (GWM) is one of the two mentioned OEMs, Borgwarner did not disclose the name of the other vehicle manufacturer. The dual inverters will be featured on both hybrid elec...
    Borgwarner to start drive module business in China
    US-based global supplier of automotive powertrain parts, Borgwarner, plans to supply its iDM220 integrated drive module to a leading Chinese luxury new energy vehicle (NEV) brand, the company said in a press release on 4 August. After bagging a recent supply order for the integrated drive module from a Korean customer, Borgwarner said that this is now the first business win for the iDM220 in China. “The start of production for this business will be in first quarter 2023,” the comp...
    BorgWarner Q2 2021 net sales rises 164% y/y to USD3.76 billion
    US-based automotive components and systems supplier, BorgWarner, has published its financial results for the second quarter of the 2021 fiscal year (FY). According to a press release issued by BorgWarner on 4 August, during the second quarter this year, the company posted net sales of USD3.76 billion, up 163.5% year over year (y/y) from the USD1.43 billion recorded in net sales during the second quarter of 2020 period. The Air Management segment net sales were USD1.85 million during the secon...
    BorgWarner plans to supply high-voltage coolant heater to Geely’s premium EV
    Michigan-based global supplier of automotive powertrain parts, BorgWarner has signed a partnership with ZEEKR Intelligent Technology Company to supply its advanced high-voltage coolant heater (HVCH) to the carmaker’s new electric sedan, ZEEKR 001, the company said in a press release on 3 August. ZEEKR Intelligent Technology Company is a subsidiary of Geely Holding Group created to manufacture and retail premium electric vehicles under the brand name ZEEKR. According to Borgwarner, t...
    BorgWarner aims to be carbon neutral by 2035
    Michigan-based automotive supplier BorgWarner Inc. aims to become carbon neutral on scope 1 and 2 emissions by 2035, the company said in its 2021 Sustainability Report released on June 15. Redrawing its targets to become carbon neutral by 2035, BorgWarner has extended its goal to reduce carbon emissions relative to sales from 2015 to 2030 by 50 percent and energy use relative to sales by 37%. It managed to achieve 17% reduction in its scope 1 and scope 2 greenhouse gas emissions intensity ...
    BorgWarner acquires 89% of high-performance battery systems maker AKASOL AG
    BorgWarner Inc. announced that it has completed the tender offer for shares of AKASOL AG, resulting in BorgWarner owning 89.08% of AKASOL’s outstanding shares after completion of the tender offer. According to a press release issued by BorgWarner on 4 June, the company stated that this acquisition positions BorgWarner to capitalize on the fast-growing battery pack market. Headquartered in Darmstadt, Germany, AKASOL is now a majority-owned subsidiary of BorgWarner, but it will be run indepen...
    BorgWarner to supply integrated drive module for Hyundai EVs
    BorgWarner will supply integrated drive module for Hyundai electric vehicles (EV), according to a company press release on 2 June 2021. BorgWarner will provide its integrated drive module (iDM) for Hyundai’s power electric system, which will be used in the upcoming A-segment EV production, planned to start in mid-2023. "We have enjoyed nearly two decades of partnership with the Hyundai Motor Group and couldn't be more excited about this next step—working on our first electrification proje...
    BorgWarner secures order for its eTurbo from a European OEM
    US-based automotive components and systems supplier BorgWarner announced that it has won an order for its eTurbo™ products from a major European OEM. According to a press release issued by BorgWarner on 19 May, this device would be installed in a high-voltage hybrid passenger car. The eTurbo provides the additional benefit of electrified boost assistance for enhanced response, along with customary turbocharger advantages. It delivers more than 200% faster transient boost resp...
    Powertrain company spin-offs driven by global shift to electrification
    The past few years have already seen intense competition and innovation in the automotive powertrain sector magnifying several times over due to challenging market conditions, ever stricter regulatory and environmental policies, and the disruptions in the form of electrification and new players entering the markets across the globe. Powertrain components and systems manufacturers worldwide have responded by rapidly increasing the development of new or improved products, and consolidating their b...
    BorgWarner’s Q1 2021 net sales rises 75.9% y/y to USD4.01 billion
    American automotive powertrain components and systems supplier, BorgWarner, has published its financial results for the first quarter of the 2021 fiscal year. According to a press release issued by BorgWarner on 5 May, the company posted a net sales figure of USD4.01 billion during the first quarter 2021 period, which implies a 75.9% year-over-year (y/y) increase from the USD2.28 billion generated in net sales during the first quarter of fiscal year 2019. The company’s operating income also...
    BorgWarner launches new electrification strategy, aims to grow EV revenues to 45% by 2030
    US-based automotive powertrain components supplier, BorgWarner, has unveiled its new strategy for accelerating electrification. In a press release issued by the company on 23 March, BorgWarner stated that has launched its new ‘Project CHARGING FORWARD’, which aims to raise the company’s electric vehicle (EV) revenue from less than 3% of total revenues today to approximately 45% in 2030. Through this new strategy, BorgWarner plans to profitably scale electric light vehicles, expand into ...
    BorgWarner FY 2020 net sales remains flat year on year at USD10.17 billion
    American automotive powertrain components and systems supplier, BorgWarner, has published its financial results for the full fiscal year 2020. According to a press release issued by BorgWarner on 11 February, the company posted net sales of USD10.17 billion, only USD3 million lower than the net sales it generated during fiscal year (FY) 2019. During the fourth quarter of 2020, BorgWarner recorded net sales of USD3.93 billion, up 53.4% compared to the same time frame of FY 2019. The company’...
    BorgWarner to supply transfer cases to Nissan Navara, Paladin models
    BorgWarner has won a contract to supply its part-time transfer cases for Japanese automaker Nissan’s Navara pickup and Paladin SUV models, according to a company press release on 26 January 2021. The latest order marks the first time BorgWarner has supplied transfer cases to Nissan, significantly extending its existing relationship with the manufacturer. The company's two-speed, shift-on-the-fly transfer case features driver-selectable controls with electric motor for quick, smooth, and accura...
    BorgWarner’s Q3 2020 net sales rise 2% y/y to USD2.53 billion
    American automotive powertrain components and systems manufacturer BorgWarner has published its financial results for the third quarter of this year. According to a press release issued by BorgWarner on 29 October, the company posted net sales of USD2.53 billion during the third quarter of this year, which implies a rise of 2% year on year (y/y) from the same time frame of 2019. For the first nine months of 2020, net sales were USD6.24 billion, down 18% from the net sales of US...
    BorgWarner expands supply of starter motors for Hyundai in Brazil
    Automotive powertrain components and systems supplier, BorgWarner, has announced that it will expand the supply of its starter motors to Hyundai in Brazil. According to a press release issued by BorgWarner on 28 October, the company’s PG260A starter motor now equips Hyundai’s HB20 turbo T-GDI versions as well as the Hyundai Creta’s 1.6L Gamma engine. BorgWarner commenced supplying Hyundai with its starter motors in 2016 on the HB20 1.0L Kappa and 1.6L Gamma engi...
    BorgWarner partners with Michigan Technological University on connected vehicle project
    BorgWarner has partnered with Michigan Technological University (MTU) and four other industry organizations on a project aimed at reducing energy consumption through the expansion of meshed vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication, using a combination of simulated, closed-track, and real-world fleet testing. According to a press release issued by BorgWarner on 22 October, the