BorgWarner reports Q3 2022 net sales at USD4 billion, up 19% y/y

Financial results

BorgWarner expects that its 2022 EV revenues will grow to about USD 850 million, which will be more than double of what it was in 2021

Michigan-based automotive component supplier BorgWarner has reported Q3 2022 net sales at USD 4,060 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 USD 3,416 million in Q3 2021.

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