BorgWarner acquires minority stake in Enexor BioEnergy for USD10 million
BorgWarner and Enexor are keen to explore future collaborations, including the potential for CO2 reduction technologies and supplying battery packs
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.
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