BorgWarner spins off fuel systems, aftermarket businesses to sharpen EV focus

AutotechInsight Analysis Monthly

BorgWarner’s acquisition of Delphi Technologies, "Charging Forward" strategy, and the pandemic-induced accelerated transition to EVs explain the rationale behind the global auto component supplier’s decision to spin off fuel systems and the aftermarket businesses into a separate company

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).

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload