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BORGWARNER (NYSE: BWA) STOCK QUOTE

Last Trade: US$32.36 -1.35 -4.00
Volume: 2,168,370
5-Day Change: -7.22%
YTD Change: -9.74%
Market Cap: US$7.370B

LATEST NEWS FROM BORGWARNER

AUBURN HILLS, Mich. , May 30, 2024 /PRNewswire/ -- BorgWarner has been awarded on USA TODAY's list of America's Best Climate Leaders 2024. This prestigious award is presented by USA TODAY and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on May 30th, 2024 , and can be viewed on the usatoday.com . The America's Climate Leaders of 2024 award is based on a... Read More
• Company Also Establishes New Business Unit Structure AUBURN HILLS, Mich. , May 30, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today announced that Joseph Fadool , current Vice President of BorgWarner Inc. and President and GM, Emissions, Thermal and Turbo Systems, has been promoted to Executive Vice President and Chief Operating Officer of BorgWarner Inc., effective July 1, 2024 . As Chief Operating Officer, Mr.... Read More
Josef Newgarden captures back-to-back Indy 500 victories, earning $440,000 rolling jackpot Newgarden passed Pato O'Ward on the final lap to cross the yard of bricks to win by 0.3417 seconds BorgWarner's Engineered for Racing (EFR™) turbochargers featured on all NTT INDY CAR SERIES© racecars since 2012 AUBURN HILLS, Mich. , May 28, 2024 /PRNewswire/ -- On Sunday afternoon, following a four-hour rain delay, approximately... Read More
AUBURN HILLS, Mich. , May 2, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported first quarter results. Charging Forward Update: BorgWarner has solidified two high voltage hairpin (HVH) eMotor business wins with XPeng, a leading Chinese Smart EV manufacturer, for use on two upcoming SUV models. The contracts include BorgWarner's advanced oil-cooling 800V eMotor systems, comprised of stator and rotor components.... Read More
AUBURN HILLS, Mich. , April 25, 2024 /PRNewswire/ -- BorgWarner Inc . (NYSE: BWA) announces the following Webcast: What: BorgWarner 2024 First Quarter Results Conference Call When: May 2, 2024 @ 9:30am Eastern Time Where: http://www.borgwarner.com/en/Investors/default.aspx How: Live over the Internet -- Simply log on to the web at the address above. If you are unable to participate during the live webcast, the call will be... Read More
AUBURN HILLS, Mich. , April 25, 2024 /PRNewswire/ -- On April 24, 2024 , the Board of Directors of BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of $0.11 per share of common stock. The dividend is payable on June 17, 2024 , to stockholders of record on June 3, 2024 . For more than 130 years, BorgWarner Inc. (NYSE: BWA) has been a transformative global product leader bringing successful mobility innovation to... Read More
AUBURN HILLS, Mich. , March 28, 2024 /PRNewswire/ -- BorgWarner , a global product leader in delivering innovative and sustainable mobility solutions, has been awarded on Newsweek's list of Most Trustworthy Companies in America 2024. This prestigious award is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on March 27th, 2024 , and can... Read More
AUBURN HILLS, Mich. , March 21, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast: What: BorgWarner 2024 First Quarter Results Conference Call When: May 2, 2024 @ 9:30am Eastern Time Where: http://www.borgwarner.com/en/Investors/default.aspx How: Live over the Internet -- Simply log on to the web at the address above. If you are unable to participate during the live webcast, the call will be... Read More
Partnership will support BorgWarner in reaching Scope 3 emissions reduction goal Suppliers will be encouraged to use tool to track energy usage AUBURN HILLS, Mich. , March 6, 2024 /PRNewswire/ -- BorgWarner has entered into a strategic partnership with Manufacture 2030 , a decarbonization software provider, to effectively measure and reduce its supply chain carbon footprint and support its goal of reducing absolute Scope 3... Read More
AUBURN HILLS, Mich. , March 1, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) ("the Company") today announced that Amy Kulikowski has been appointed Vice President and Chief Accounting Officer. Ms. Kulikowski reports directly to Craig Aaron , whose appointment as Chief Financial Officer is effective today . Ms. Kulikowski comes to BorgWarner with more than 25 years of experience in finance and accounting, most recently... Read More
AUBURN HILLS, Mich. , Feb. 22, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) ("the Company") today announced that it has received notice of an unsolicited mini-tender offer by TRC Capital Investment Corporation of Ontario, Canada , to purchase up to 4 million shares of BorgWarner common stock at a price of $28.80 per share in cash. TRC Capital Investment's offer price of $28.80 per share represents a 4.51% discount below... Read More
AUBURN HILLS, Mich. , Feb. 14, 2024 /PRNewswire/ -- BorgWarner has been awarded on the Forbes list of America's Best Employers 2024. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on February 13th, 2024 , and can currently be viewed on the Forbes website . "We're thrilled to be recognized once again by Forbes as... Read More
GreenStockNews
High voltage coolant heaters (HVCH) will be incorporated on electric SUVs and passenger trucks Technology regulates battery pack temperature and cabin heating in EVs To be manufactured at BorgWarner's Cadillac, Michigan facility AUBURN HILLS, Mich. , Feb. 8, 2024 /PRNewswire/ -- BorgWarner has extended its contract to supply... Read More
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Production began January 2024 for use on XPeng's X9 MPV Stator winding technology delivers industry-leading power density and efficiency Oil cooling improves motor heat dissipation AUBURN HILLS, Mich. , Feb. 8, 2024 /PRNewswire/ -- BorgWarner has begun eMotor rotor and stator production for XPeng Motors, a leading Chinese... Read More
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Dual inverters with boost to be featured on automaker's PHEVs and REEVs Technology offers high integration, dynamic performance and flexibility AUBURN HILLS, Mich. , Feb. 8, 2024 /PRNewswire/ -- BorgWarner has secured a contract with a major Chinese OEM to supply its dual inverter with boost function on a series of the... Read More
AUBURN HILLS, Mich. , Feb. 8, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported fourth quarter and full-year results. Charging Forward Update: BorgWarner has announced a strategic relationship agreement with FinDreams Battery, a subsidiary of BYD Company Limited. Under this agreement, BorgWarner will be the only non-OEM localized manufacturer, unaffiliated with FinDreams Battery, with rights to localize LFP... Read More
AUBURN HILLS, Mich. , Feb. 8, 2024 /PRNewswire/ -- On February 7, 2024 , the Board of Directors of BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of $0.11 per share of common stock. The dividend is payable on March 15, 2024 , to stockholders of record on March 1, 2024 . For more than 130 years, BorgWarner Inc. (NYSE: BWA) has been a transformative global product leader bringing successful mobility innovation... Read More
BorgWarner to be the preferred manufacturer of LFP battery packs for commercial vehicle markets (class 3 and above) in Europe , the Americas, and parts of Asia Pacific AUBURN HILLS, Mich. , Feb. 8, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today announced a strategic relationship agreement with FinDreams Battery, a subsidiary of BYD Company Limited. Under this agreement, BorgWarner will be the only non-OEM localized... Read More
CHARLOTTESVILLE, Va. / Feb 06, 2024 / Business Wire / Fermata Energy, a pioneer in intelligent bidirectional technology solutions, today announced the integration of its Vehicle-to-Everything (V2X) services platform with bidirectional EV chargers manufactured by BorgWarner Inc. (NYSE: BWA). Together, the companies are accelerating ongoing efforts to integrate bidirectional charging capabilities with a variety of automotive... Read More
Marks second consecutive year BorgWarner has been included on the list BorgWarner is one of fifteen automotive parts suppliers named Talent attraction and retention, social responsibility and investment value were factored into rankings AUBURN HILLS, Mich. , Feb. 5, 2024 /PRNewswire/ -- BorgWarner has been named one of 317 companies included on Fortune magazine's 2024 World's Most Admired Companies list. This is the second... Read More
AUBURN HILLS, Mich. , Feb. 1, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast: What: BorgWarner 2023 Fourth Quarter and Full Year Results Conference Call When: February 8, 2024 @ 9:30am Eastern Time Where: https://www.borgwarner.com/investors How: Live over the Internet -- Simply log on to the web at the address above. If you are unable to participate during the live webcast, the call will be... Read More
Josef Newgarden is the latest Indianapolis 500 winner to receive the commemorative trophy Roger Penske received a Championship Team Owner's Trophy honoring Team Penske's 19 th Indianapolis 500 win Awards ceremony held at the Henry Ford Museum of American Innovation AUBURN HILLS, Mich. , Jan. 24, 2024 /PRNewswire/ -- BorgWarner presented Josef Newgarden with his very own Baby Borg, officially named the BorgWarner Championship... Read More
Agrees to form joint venture with Shaanxi Fast Auto Drive Group High-voltage inverter for commercial vehicles strengthens BorgWarner's product portfolio AUBURN HILLS, Mich. , Jan. 10, 2024 /PRNewswire/ -- BorgWarner is continuing to expand its product portfolio for battery electric and hybrid commercial vehicles by agreeing to form a joint venture with Shaanxi Fast Auto Drive Group, a China -based market-leading commercial... Read More
AUBURN HILLS, Mich. , Jan. 3, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast: What: BorgWarner 2023 Fourth Quarter and Full Year Results Conference Call When: February 8, 2024 @ 9:30am Eastern Time Where: https://www.borgwarner.com/investors How: Live over the Internet -- Simply log on to the web at the address above. Contact: Patrick Nolan 248-754-0884 pnolan@borgwarner.com If you are... Read More
GreenStockNews
Josef Newgarden's sculpted face was unveiled at a ceremony on Friday Marks the 110th driver's face to be affixed onto the trophy Newgarden is the first American Indy 500 winner to be featured since 2016 AUBURN HILLS, Mich. , Dec. 18, 2023 /PRNewswire/ -- To commemorate his victory at the 107th Indianapolis 500, Josef Newgarden... Read More
Marks the fifth consecutive year BorgWarner has been included Reaffirms BorgWarner's environmental, social and corporate governance (ESG) efforts Companies scored and ranked by KPI research and public survey findings AUBURN HILLS, Mich. , Dec. 7, 2023 /PRNewswire/ -- BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions, has been awarded on Newsweek's list of America's Most... Read More
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Index acts as benchmark to measure policies, practices and benefits relating to LBGTQ+ employees Included for third consecutive year AUBURN HILLS, Mich. , Dec. 6, 2023 /PRNewswire/ -- BorgWarner , a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market, has been included again... Read More
Kevin Nowlan, Executive Vice President and CFO, to Retire Craig Aaron Promoted to Executive Vice President and CFO, Effective March 1, 2024 AUBURN HILLS, Mich. , Dec. 5, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) ("the Company") today announced that Kevin Nowlan has decided to retire as Executive Vice President and Chief Financial Officer ("CFO") after a 28-year career in finance. Craig Aaron , BorgWarner's current... Read More
AUBURN HILLS, Mich. , Dec. 1, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announced today that it has completed its acquisition of the Electric Hybrid Systems business segment of Eldor Corporation ("Eldor"). The acquisition is an important complement to the ePropulsion portfolio, especially as it relates to expansion in high-voltage power electronics beyond the inverter. "We are pleased to complete the acquisition and... Read More
AUBURN HILLS, Mich. , Nov. 9, 2023 /PRNewswire/ -- On November 8, 2023 , the Board of Directors of BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of $0.11 per share of common stock. The dividend is payable on December 15, 2023 , to stockholders of record on December 1, 2023 . For more than 130 years, BorgWarner Inc. (NYSE: BWA) has been a transformative global product leader bringing successful mobility... Read More
GreenStockNews
Technology intended for use on the automaker's European light vehicle program Supports customer in optimizing heating to enable fast charging SOP slated for 2026 AUBURN HILLS, Mich. , Nov. 2, 2023 /PRNewswire/ -- BorgWarner has reached an agreement with a major global OEM to supply its 400V high voltage coolant heaters (HVCH)... Read More
GreenStockNews
Combined Inverter and DC/DC Converter (CIDD) supply contract extended CIDD offers compact solution to manage electric drive and accessory systems Technology intended for use in premium European OEM's all-wheel drive B and C segment hybrid applications AUBURN HILLS, Mich. , Nov. 2, 2023 /PRNewswire/ -- BorgWarner has been... Read More
GreenStockNews
800V Onboard Battery Charger (OBC) to be used on OEM's premium battery electric vehicle (BEV) platforms Leverages BorgWarner's silicon carbide (SiC) technology and bi-directional vehicle-to-load (V2L) feature Offers various degrees of power including 19.2kW single phase and 22kW three phase operation Marks BorgWarner's first... Read More
AUBURN HILLS, Mich. , Nov. 2, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported third quarter results. Charging Forward Update: BorgWarner expects its 2023 eProduct sales to be $2.0 billion to $2.1 billion , up from approximately $1.5 billion in 2022. BorgWarner has signed an agreement with a major North American OEM to supply its bi-directional 800V Onboard Charger (OBC) for use on the automaker's premium... Read More
AUBURN HILLS, Mich. , Oct. 26, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast: What: BorgWarner 2023 Third Quarter Results Conference Call When: November 2, 2023 @ 9:30am Eastern Time Where: http://www.borgwarner.com/en/Investors/default.aspx How: Live over the Internet -- Simply log on to the web at the address above. Contact: Patrick Nolan 248-754-0884 pnolan@borgwarner.com If you are... Read More
AUBURN HILLS, Mich. , Sept. 20, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast: What: BorgWarner 2023 Third Quarter Results Conference Call When: November 2, 2023 @ 9:30am Eastern Time Where: http://www.borgwarner.com/en/Investors/default.aspx How: Live over the Internet -- Simply log on to the web at the address above. Contact: Patrick Nolan 248-754-0884 pnolan@borgwarner.com If you are... Read More
AUBURN HILLS, Mich. , Sept. 12, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) (the "Company") today announced the Reference Yields for its previously announced cash tender offers (the "Tender Offers") for the securities set forth in the table below (the "Securities"). The Tender Offers are for up to an aggregate purchase price amount equal to $500,000,000 (the "Aggregate Tender Cap") (excluding Accrued Interest (as... Read More
AUBURN HILLS, Mich. , Sept. 12, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) (the "Company") today announced the results as of the early tender date for its previously announced cash tender offers (the "Tender Offers") for the securities set forth in the table below (the "Securities"). The Tender Offers are for up to an aggregate purchase price amount equal to $500,000,000 (the "Aggregate Tender Cap") (excluding Accrued... Read More
BorgWarner has received official certificate of validation for its near-term science-based targets BorgWarner commits to reduce Scope 1 and Scope 2 GHG emissions 85% and Scope 3 GHG emissions 25% by 2030 from a 2021 base year The Scope 3 reduction target was modified to align with the latest guidelines from SBTi for a well-below 2°C pathway Significant headway has been made toward the Scope 1 and Scope 2 target, and specific... Read More
AUBURN HILLS, Mich. , Aug. 28, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) (the "Company") today announced that it has commenced tender offers to purchase for cash the debt securities issued by the Company listed in the table below (collectively, the "Securities" and each a "series"). Title of Security CUSIP No. Principal Amount Outstanding Acceptance Priority Level (1) U.S. Treasury Reference Security Bloomberg... Read More
GreenStockNews
BorgWarner to supply a global automotive thermal and energy management solutions supplier with high voltage coolant heaters (HVCH) for use on a series of EV platforms produced by a major OEM HVCH regulates battery pack temperature and cabin heating in EV AUBURN HILLS, Mich. , Aug. 2, 2023 /PRNewswire/ -- BorgWarner has secured... Read More
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800V 3kW high voltage coolant heater optimizes battery thermal management to increase battery performance and extend electric vehicle range Robust thick film element technology provides fast response and long product life AUBURN HILLS, Mich. , Aug. 2, 2023 /PRNewswire/ -- BorgWarner has been awarded additional high voltage... Read More
BorgWarner's integrated drive module (iDM) meets hybrid system needs Technology demonstrates BorgWarner's leadership in the field of e-Propulsion systems Integration of technologies offers cost savings AUBURN HILLS, Mich. , Aug. 2, 2023 /PRNewswire/ -- BorgWarner , a global product leader in delivering innovative and sustainable mobility solutions, has announced it will supply a new integrated drive module (iDM) to a leading... Read More
AUBURN HILLS, Mich. , Aug. 2, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported second quarter results. Charging Forward Update: In June, BorgWarner unveiled Charging Forward 2027, which included the following 2027 targets: eProduct sales of over $10 billion , eProducts adjusted operating margin of approximately 7%, and Maintaining double-digit margins for Foundational products. BorgWarner agreed to acquire the... Read More
AUBURN HILLS, Mich. , July 27, 2023 /PRNewswire/ -- On July 26, 2023 , the Board of Directors of BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of $0.11 per share of common stock. The dividend is payable on September 15, 2023 , to stockholders of record on September 1, 2023 . For more than 130 years, BorgWarner Inc. (NYSE: BWA) has been a transformative global product leader bringing successful mobility... Read More
AUBURN HILLS, Mich. , July 26, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast: What: BorgWarner 2023 Second Quarter Results Conference Call When: August 2, 2023 @ 9:30am Eastern Time Where: http://www.borgwarner.com/en/Investors/default.aspx How: Live over the Internet -- Simply log on to the web at the address above. Contact: Patrick Nolan 248-754-0884 pnolan@borgwarner.com If you are... Read More
BorgWarner will integrate onsemi EliteSiC 1200 V and 750 V power devices into its VIPER power modules for traction inverter solutions to increase performance of electric vehicles SCOTTSDALE, Ariz. & AUBURN HILLS, Mich. / Jul 18, 2023 / Business Wire / onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, and BorgWarner Inc. (NYSE: BWA), a global product leader in delivering innovative and sustainable... Read More
BorgWarner was one of 200 companies named in the inaugural list Evaluates companies based on how well workers' expectations are met Work-life balance, flexibility, pay and benefits included in key factors AUBURN HILLS, Mich. , July 6, 2023 /PRNewswire/ -- U.S. News & World Report , the global authority in rankings and consumer advice, has named BorgWarner one of the 2023-2024 Best Companies to Work For . BorgWarner was... Read More
AUBURN HILLS, Mich. , July 3, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today announced the successful completion of the spin-off of its Fuel Systems and Aftermarket segments into a separate, publicly-traded company named PHINIA (NYSE: PHIN). "A tremendous amount of work has gone into bringing us to where we are today," said Frédéric Lissalde, President and Chief Executive Officer, BorgWarner Inc. Two years ago,... Read More
AUBURN HILLS, Mich. , June 26, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast: What: BorgWarner 2023 Second Quarter Results Conference Call When: August 2, 2023 @ 9:30am Eastern Time Where: http://www.borgwarner.com/en/Investors/default.aspx How: Live over the Internet -- Simply log on to the web at the address above. If you are unable to participate during the live webcast, the call will be... Read More
Technology to be used in select four-cylinder engines eVCT reduces emissions and significantly improves fuel economy and performance SOP slated for December 2024 AUBURN HILLS, Mich. , June 23, 2023 /PRNewswire/ -- BorgWarner has secured a contract to deliver its latest electric variable cam timing (eVCT) technology for use in a major global OEM's four-cylinder engine. This business win highlights the first production of... Read More
GreenStockNews
Highlights company's commitment to being a sector leader in sustainability Demonstrates progress on Scope 1, 2 and 3 greenhouse gas emissions goals Transitioning our workforce as we execute on Charging Forward 2027 AUBURN HILLS, Mich. , June 23, 2023 /PRNewswire/ -- BorgWarner (NYSE: BWA) today released its 2023 Sustainability... Read More
Complements and strengthens BorgWarner's electric product portfolio Closing expected in third quarter 2023 AUBURN HILLS, Mich. , June 19, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) and Eldor Corporation S.p.A. today announced that they have entered into a Share Purchase Agreement under which BorgWarner has agreed to acquire the Electric Hybrid Systems (EHS) business segment of Eldor for €75 million at closing with a... Read More
AUBURN HILLS, Mich. , June 14, 2023 /PRNewswire/ -- BorgWarner today announced that it expects to complete the spin-off of PHINIA at the end of the day on July 3, 2023 , as outlined in PHINIA's final information statement filing with the Securities and Exchange Commission. PHINIA common stock will be traded on the New York Stock Exchange under the ticker symbol PHIN. The first day of trading is expected to be Wednesday, July... Read More
Logo is future-focused and dynamic, signaling a new chapter in BorgWarner's history Decision to unveil based on strong progress versus Charging Forward objectives Company expects eProduct revenues of over $10 billion by 2027 Reinforces BorgWarner's Vision of a clean, energy-efficient world AUBURN HILLS, Mich. , June 6, 2023 /PRNewswire/ -- BorgWarner unveiled its new logo underscoring the company's progress in its eMobility... Read More
"Charging Forward: 2027" Builds on Company's Proven Track Record and Leading Market Positions Expecting to Deliver Enhanced, Sustainable Growth and Value Creation. AUBURN HILLS, Mich. , June 6, 2023 /PRNewswire/ -- At its 2023 Investor Day being held today, BorgWarner Inc. (NYSE: BWA) ("the Company") is announcing the next phase of its "Charging Forward" strategy for advancing its position as a technology leader in... Read More
AUBURN HILLS, Mich. , June 2, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today announced that Rohan S. Weerasinghe , General Counsel, Citigroup, Inc. (retired) is expected to serve as Non-Executive Chairman of PHINIA Inc. following completion of the previously announced spin-off of the Fuel Systems and Aftermarket segments into a separate, publicly traded company. Mr. Weerasinghe retired from Citigroup, Inc. in... Read More
Award presented at annual Indianapolis 500 Victory Celebration Behrends has sculpted Indy 500 winners for past 33 years Thirty-three coincides with the number of drivers in the Indy 500 starting line AUBURN HILLS, Mich. , May 30, 2023 /PRNewswire/ -- William Behrends , the sculptor behind the iconic faces on the prestigious Borg-Warner Trophy ® , has been honored with his very own Championship Driver's Trophy™ also known as... Read More
Josef Newgarden's name added to the prestigious list of Indy 500 victors Newgarden beat defending champion Marcus Ericsson in fourth closest finish in Indy 500 history by 0.974 seconds BorgWarner's Engineered for Racing (EFR™) turbochargers featured on all NTT INDYCAR SERIES © racecars since 2012 AUBURN HILLS, Mich. , May 29, 2023 /PRNewswire/ -- After crossing the finish line at the 2023 Indianapolis 500 at the Indianapolis... Read More
Selda Gunsel , Ph.D., Bassem Kheireddin, Ph.D. and Jung Fang , Ph.D. received the 57 th annual award Award celebrates engineers behind the technologies powering NTT INDYCAR ® SERIES racecars BorgWarner and the Indiana Section of the Society of Automotive Engineers International sponsor the award AUBURN HILLS, Mich. , May 19, 2023 /PRNewswire/ -- Today at the Indianapolis Motor Speedway (IMS), BorgWarner celebrated three... Read More
AUBURN HILLS, Mich. , May 18, 2023 /PRNewswire/ -- BorgWarner Inc . (NYSE: BWA) announces the following webcast: What: BorgWarner Investor Day When: June 6, 2023 @ 9:00-12:15pm Eastern Time Where: https://www.borgwarner.com/investors How: Live over the Internet -- Simply log on to the web at the address above. If you are unable to participate during the live webcast, the call will be archived at (... Read More
Accident-free working hours exceeds one million at BorgWarner Dixon located in Illinois , US BorgWarner CEO Frédéric Lissalde and President and General Manager Emissions, Thermal and Turbo Systems Joseph Fadool presented award at special ceremony Local organizations and summer program chosen for award fund AUBURN HILLS, Mich. , May 18, 2023 /PRNewswire/ -- BorgWarner's manufacturing site in Dixon, Illinois , US has been... Read More
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BorgWarner increased jackpot award by $20,000 this year Jackpot claimed only once since in 2002 Only five drivers have won the Indy 500 back-to-back AUBURN HILLS, Mich. , May 15, 2023 /PRNewswire/ -- The BorgWarner rolling jackpot continues to grow, currently totaling $420,000 , ( 4,305,924 krona ) awaiting the moment a driver... Read More
Merchandise exclusively available through Legends retail operations First time officially licensed BorgWarner Trophy ® and Indianapolis Motor Speedway co-branded items have been available for sale to fans Collaboration bolsters relationship with Indianapolis Motor Speedway and Legends AUBURN HILLS, Mich. , May 10, 2023 /PRNewswire/ -- For the first time, BorgWarner has collaborated with the Indianapolis Motor Speedway (IMS)... Read More
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BorgWarner to supply entire system, including fan, e-motor and integrated inverter Start of production slated for Q4 2025 Acquisition of Drivetek AG in December 2022 supported new business win AUBURN HILLS, Mich. , May 4, 2023 /PRNewswire/ -- BorgWarner has been selected to supply its high-voltage eFan system to a global... Read More
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BorgWarner's ultra-high energy battery packs provide active cooling and deliver industry-leading energy density Packs feature state-of-the-art safety elements that satisfy strict industry standards Production of packs kicked off in March 2023 AUBURN HILLS, Mich. , May 4, 2023 /PRNewswire/ -- BorgWarner has been selected by a... Read More
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BorgWarner's High-Voltage Hairpin (HVH) eMotors to be used in the automaker's Dedicated Hybrid Transmission (DHT) and Range Extended Electric Vehicle (REEV) Company expands into DHT and REEV market with high efficiency, small size and competitive motor products Further strengthens BorgWarner's leadership in hairpin motor... Read More
AUBURN HILLS, Mich. , May 4, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported first quarter results. Charging Forward Update: BorgWarner continues to expect its 2023 electric vehicle sales to grow to $1.5 billion to $1.8 billion , up significantly from $870 million in 2022. Additionally, the Company expects 2023 eProduct sales for hybrid vehicles to be approximately $800 million . As a result, the Company's... Read More
Infrastructure development utilizes Environmental Protection Agency (EPA) Clean School Bus Program funding Marks the first EPA-funded school bus program to use BorgWarner's proprietary sequential charging, which can support up to five dispensers per direct current fast charger (DCFC) Enables vehicle-to-grid (V2G) readiness, providing a means to better optimize energy usage AUBURN HILLS, Mich. , April 28, 2023 /PRNewswire/ --... Read More
AUBURN HILLS, Mich. , April 27, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast: What: BorgWarner 2023 First Quarter Results Conference Call When: May 4, 2023 @ 9:30am Eastern Time Where: http://www.borgwarner.com/en/Investors/default.aspx How: Live over the Internet -- Simply log on to the web at the address above. If you are unable to participate during the live webcast, the call will be... Read More
AUBURN HILLS, Mich. , April 27, 2023 /PRNewswire/ -- On April 26, 2023 , the Board of Directors of BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of $0.17 per share of common stock. The dividend is payable on June 15, 2023 , to stockholders of record on June 1, 2023 . For more than 130 years, BorgWarner Inc. (NYSE: BWA) has been a transformative global product leader bringing successful mobility innovation to... Read More
Women MAKE Awards recognize women in science, technology, engineering and production careers who exemplify leadership within their companies Carol Cai is the seventh consecutive BorgWarner leader to receive this award Recipients were honored at an awards gala on April 20 in Washington, D.C. AUBURN HILLS, Mich. , April 21, 2023 /PRNewswire/ -- BorgWarner 's Carol Cai , Engineering Director, was honored as a 2023 Women MAKE... Read More
GreenStockNews
Investment to create 122 jobs at BorgWarner's existing Seneca, South Carolina facility Plan enables the growth of the company's battery module and pack production in the U.S. Company received support from the State of South Carolina and Oconee County to aid in the expansion AUBURN HILLS, Mich. , April 19, 2023 /PRNewswire/ --... Read More
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Investment to span three existing Michigan facilities and a new EV battery service center Plan enables the acceleration of electric vehicle product development and testing while increasing U.S. domestic manufacturing capabilities BorgWarner received a $1.86 million grant from the Michigan Economic Development Corporation... Read More
AUBURN HILLS, Mich. , March 23, 2023 /PRNewswire/ -- BorgWarner Inc . (NYSE: BWA) announces the following Webcast: What: BorgWarner 2023 First Quarter Results Conference Call When: May 4, 2023 @ 9:30am Eastern Time Where: http://www.borgwarner.com/en/Investors/default.aspx How: Live over the Internet -- Simply log on to the web at the address above. If you are unable to participate during the live webcast, the call will be... Read More
Awarded the prestigious Nessim Habif Prize Presented by the Ingénieurs Arts et Métiers Community Ceremony held in Paris on March 6 PARIS , March 7, 2023 /PRNewswire/ -- Each year, the renowned French society of engineers "Ingénieurs Arts et Métiers", recognizes an outstanding member of its community for their achievements. Frédéric Lissalde was chosen as the winner of this year's Nessim Habif award in honor of his... Read More
AUBURN HILLS, Mich. , March 1, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announced that it has completed its acquisition of Hubei Surpass Sun Electric's (SSE's) Electric Vehicle Charging Solution, Smart Grid and Smart Energy businesses. The acquisition is an important move for BorgWarner's electrification business in Asia and is expected to complement the company's existing charging footprint in Europe and North... Read More
AUBURN HILLS, Mich. , Feb. 14, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today announced Brady Ericson will serve as President and Chief Executive Officer, and Chris Gropp will serve as Executive Vice President and Chief Financial Officer of the separate, publicly traded company that will result from completion of the previously announced proposed spin-off of BorgWarner's Fuel Systems and Aftermarket segments.... Read More
800V inverter technology offers ideal scalability, superior efficiency and high power density Builds upon 400V inverter business with the automaker SOP is 2025 for battery electric vehicle (BEV) platforms AUBURN HILLS, Mich. , Feb. 9, 2023 /PRNewswire/ -- BorgWarner is building upon its current 400V inverter business with a major global OEM by now also supplying 800V silicon carbide-based (SiC) inverters. The efficient and... Read More
AUBURN HILLS, Mich. , Feb. 9, 2023 /PRNewswire/ -- On February 8, 2023 , the Board of Directors of BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of $0.17 per share of common stock. The dividend is payable on March 15, 2023 , to stockholders of record on March 1, 2023 . For more than 130 years, BorgWarner Inc. (NYSE: BWA) has been a transformative global product leader bringing successful mobility innovation... Read More
AUBURN HILLS, Mich. , Feb. 9, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported 2022 fourth quarter and full-year results. Charging Forward Update: Based on new business awards and actions announced to date, BorgWarner believes it is already on track to achieve approximately $4.3 billion of electric vehicle sales by 2025. The Company also expects its 2023 electric vehicle sales to grow to $1.5 billion to $1.8... Read More
AUBURN HILLS, Mich. , Feb. 8, 2023 /PRNewswire/ -- BorgWarner announced today that Hau Thai-Tang has been named to its Board of Directors. "We are pleased to welcome Hau to BorgWarner's Board of Directors," said Alexis P. Michas, non-executive chairman of the Board of BorgWarner. "Hau's extensive industry experience and his forward-looking perspective around electrification transformation make him a solid complement to our... Read More
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Marks the first Baby Borg that Marcus Ericsson has received Chip Ganassi receives Championship Team Owner's Trophy™ for sixth time AUBURN HILLS, Mich. , Feb. 3, 2023 /PRNewswire/ -- BorgWarner presented Marcus Ericsson with his first BorgWarner Championship Driver's Trophy™, fondly known as the Baby Borg, in commemoration of... Read More
AUBURN HILLS, Mich. , Feb. 2, 2023 /PRNewswire/ -- FirstCall / -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast: What: BorgWarner 2022 Fourth Quarter and Full Year Results Conference Call When: February 9, 2023 @ 9:30am Eastern Time Where: http://www.borgwarner.com/en/Investors/default.aspx How: Live over the Internet -- Simply log on to the web at the address above. If you are unable to participate during the... Read More
The GEI provides insight into an opaque area of ESG data reporting BorgWarner has received the recognition four consecutive years Index measures gender equality across equal pay & gender pay parity, leadership & talent pipeline, inclusive culture and more AUBURN HILLS, Mich. , Jan. 31, 2023 /PRNewswire/ -- BorgWarner today announced that it joins 484 other companies as a member of the 2023 Bloomberg Gender-Equality Index... Read More
AUBURN HILLS, Mich. , Jan. 5, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast: What: BorgWarner 2022 Fourth Quarter and Full Year Results Conference Call When: February 9, 2023 @ 9:30am Eastern Time Where: http://www.borgwarner.com/en/Investors/default.aspx How: Live over the Internet -- Simply log on to the web at the address above. If you are unable to participate during the live webcast,... Read More
New target to reduce Scope 3 emissions by at least 25% by 2031 from a 2021 baseline BorgWarner submits science-based targets for Scope 1, 2 and 3 emissions to SBTi Target aligns with BorgWarner's Charging Forward business strategy AUBURN HILLS, Mich. , Dec. 15, 2022 /PRNewswire/ -- BorgWarner announced today its commitment to reduce its absolute Scope 3 emissions by at least 25% by 2031 from a 2021 baseline. This Scope 3... Read More
Strengthens specialty power electronics capabilities Supports growth of High Voltage eFan business AUBURN HILLS, Mich. , Dec. 2, 2022 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today announced that it has acquired Drivetek AG. Headquartered in Switzerland , Drivetek offers engineering and product development services for inverters, electric drive solutions, and power electronics as well as a line of products that include... Read More
BorgWarner will participate in Wolfspeed's financing transaction announced earlier today to support Wolfspeed's multi-year capacity expansion plan Access to a dedicated supply of silicon carbide (SiC) devices is significant to BorgWarner's inverter growth plan and Charging Forward objectives Wolfspeed and BorgWarner are also exploring a deeper collaboration for the purpose of accelerating technology development DURHAM, N.C.... Read More
AUBURN HILLS, Mich. , Nov. 10, 2022 /PRNewswire/ -- On November 9, 2022 , the Board of Directors of BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of $0.17 per share of common stock. The dividend is payable on December 15, 2022 to stockholders of record on December 1, 2022 . For more than 130 years, BorgWarner Inc. (NYSE: BWA) has been a transformative global product leader bringing successful mobility... Read More
BorgWarner named a finalist in Ragan's PR Daily Awards Winners will be recognized on November 2 in New York City BorgWarner has been named as a finalist in Ragan's PR Daily Awards in the re-branding and re-positioning category. Ragan's PR Daily Awards showcases the top communications campaigns, events, initiatives, publications and more that were instrumental in the success of organizations and clients. BorgWarner was chosen... Read More
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Marcus Ericsson becomes the 109 th face to be sculpted onto the exclusive trophy Marks Ericsson's first win and Chip Ganassi Racing's fifth at the Indy 500 since 2000 Marcus Ericsson has solidified his place in BorgWarner history by becoming the 109 th face to be affixed to the Borg-Warner Trophy following his victory at the... Read More
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BorgWarner to supply a Chinese automobile manufacturer with its integrated drive module (iDM) for a P4 hybrid architecture High voltage iDM has high power density and high torque output Inverter equipped with patented dual-side cooled Viper power switch technology to reduce weight and size while increasing power density... Read More
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BorgWarner HVH250 electric motor will power e-axle for light duty commercial trucks Two BorgWarner electric motors per e-axle The company's eMotor delivers peak efficiencies of more than 95 percent BorgWarner's HVH250 electric motor has been selected to power a European customer's e-axle for light-duty commercial trucks. This... Read More
BorgWarner Inc. (NYSE: BWA) today reported third quarter results. Charging Forward Update: Based on new business awards and actions announced to date, BorgWarner believes it is already on track to achieve approximately $4 billion of electric vehicle revenue by 2025. The Company continues to expect its 2022 electric vehicle revenue to grow to approximately $850 million , which is more than double what it was in 2021.... Read More
BorgWarner Inc. (NYSE: BWA) announces the following Webcast: What: BorgWarner 2022 Third Quarter Results Conference Call When: October 27, 2022 @ 9:30am Eastern Time Where: http://www.borgwarner.com/en/Investors/default.aspx How: Live over the Internet -- Simply log on to the web at the address above. If you are unable to participate during the live webcast, the call will be archived at (... Read More
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Women in Manufacturing Hall of Fame honors women who have made exceptional contributions to support, promote and inspire women in the manufacturing industry Pei Wang included in class of 13 women inducted into the 2022 Hall of Fame Inductees were chosen based on their contributions toward the advancement of women in... Read More
BorgWarner announced today that Sailaja Shankar has been named to its Board of Directors. "We are pleased to welcome Sailaja to BorgWarner's Board of Directors," said Alexis P. Michas, non-executive chairman of the board of BorgWarner. "Sailaja's breadth of leadership experience through strategic change in large enterprise organizations, coupled with her digital, cybersecurity, software, and software applications knowledge... Read More
Supports continued expansion in DC Fast Charging Market Complements existing BorgWarner European and North American charging footprint by adding China presence Leverages BorgWarner's global capabilities across quality, engineering, supply chain, manufacturing, and sales Closing expected in first quarter 2023 BorgWarner Inc. (NYSE: BWA) and Hubei Surpass Sun Electric (SSE) today announced that they have entered into an Equity... Read More
BorgWarner Inc. (NYSE: BWA) announces the following Webcast: What: BorgWarner 2022 Third Quarter Results Conference Call When: October 27, 2022 @ 9:30am Eastern Time Where: http://www.borgwarner.com/en/Investors/default.aspx How: Live over the Internet -- Simply log on to the web at the address above. If you are unable to participate during the live webcast, the call will be archived at (... Read More
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Integrated drive module (iDM) to power a second Hyundai Motor Company (HMC) A-segment electric vehicle, with production starting in 2024 Second iDM business award with HMC in less than 2 years Technology provides high power density and efficiency Scalable, modular iDM design customizable to customer requirements BorgWarner's... Read More
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Offers high-speed charging, ease of use and longevity Two charging points in one fast charging station optimizes space and installation costs Robust solution allows for easy maintenance and reliable operation The first units of BorgWarner's new fast-charging station, Iperion-120, have been installed by the Italian service... Read More
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High-Voltage Coolant Heater (HVCH) enables improved battery performance, longer range, faster charging speed and comfortable cabin climate The cost-effective solution features a compact and modular design, high thermal power density and fast response time Addresses 800V vehicles BorgWarner , a global leader in delivering... Read More
Solution among highest energy density battery systems available on market Electric vehicle range increased significantly compared to prior development Total cost of ownership minimized for an electrified commercial vehicle (eCV) BorgWarner's AKASOL ultra-high energy battery system has been selected by a European manufacturer to power its first range of heavy-duty electric trucks. Series production of the 4x2 rigid axle,... Read More
BorgWarner Inc. (NYSE: BWA) today reported second quarter results. Charging Forward Update: Based on new business awards and actions announced to date, BorgWarner believes it is already on track to achieve approximately $3.7 billion of electric vehicle revenue by 2025. The Company now expects its 2022 electric vehicle revenue to grow to approximately $850 million , which is more than double what it was in 2021. BorgWarner... Read More
Complements existing BorgWarner European charging footprint to accelerate organic growth and adds North American regional presence to charging business Supports expansion in vehicle-to-grid (V2G) DC Fast Charging and enabling software market Leverages BorgWarner's strength and capabilities across quality, engineering, supply chain, manufacturing, and sales BorgWarner Inc. (NYSE: BWA) today announced that it has acquired... Read More
On July 28, 2022 , the Board of Directors of BorgWarner Inc . (NYSE: BWA) declared a quarterly cash dividend of $0.17 per share of common stock. The dividend is payable on September 15, 2022 to stockholders of record on September 1, 2022 . For more than 130 years, BorgWarner Inc. (NYSE: BWA) has been a transformative global product leader bringing successful mobility innovation to market. Today, we're accelerating the... Read More
BorgWarner Inc. (NYSE: BWA) announces the following Webcast: What: BorgWarner 2022 Second Quarter Results Conference Call When: August 3, 2022 @ 9:00am Eastern Time Where: http://www.borgwarner.com/en/Investors/default.aspx How: Live over the Internet -- Simply log on to the web at the address above. If you are unable to participate during the live webcast, the call will be archived at (... Read More
AUBURN HILLS, Mich. , June 22, 2022 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast: What: BorgWarner 2022 Second Quarter Results Conference Call When: August 3, 2022 @ 9:00am Eastern Time Where: http://www.borgwarner.com/en/Investors/default.aspx How: Live over the Internet -- Simply log on to the web at the address above. If you are unable to participate during the live webcast, the call will be... Read More
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Progress aligned with company's Charging Forward strategy aimed at a net-zero carbon emissions future Developing a Science Based Target Initiative greenhouse gas emissions reduction goal, committing to a new 85% Scope 1 and Scope 2 emissions reduction goal by 2030, and determining most crucial actions for CO 2 emission... Read More
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Marcus Ericsson will join the exclusive club of Indy 500 winners Ericsson secured victory in his fourth career Indy 500 start, topping his previous best of 11 th place last year BorgWarner's Engineered for Racing (EFR™) turbochargers featured on all NTT INDY CAR SERIES © racecars Greeted in Victory Circle at the Indianapolis... Read More
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56 th annual award presented to engineers Luca De Angelis, Luca Pierrettori, Taylor Prohaska and Simone Pusca Award sponsored by BorgWarner and presented by the Indiana Section of the Society of Automotive Engineers International Technology provides two-way over-the-air communication to each car, team, race control and track... Read More
Certification highlights BorgWarner's progressive and inclusive work environment Marks third year in a row the company has received the designation Great Place to Work Certification™ is an esteemed "employer-of-choice" recognition that companies aspire to achieve Great Place to Work® has designated May 17, 2022 as Certification Nation Day to salute and recognize the companies working to create great places to work for all.... Read More
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BorgWarner increased its Indianapolis 500 Rolling Jackpot prize by $20,000 , raising the stakes for another back-to-back win for Helio Castroneves Marks the third time Castroneves is eligible for the prize Castroneves is the only driver to ever cash in on the rolling jackpot BorgWarner continues to increase the excitement... Read More
Flexible battery management system aids in weight savings and vehicle range goals Individual cell balancing optimizes battery pack performance, safety and lifespan B- and C-segment cars as well as light commercial vehicles to be equipped beginning in 2023 BorgWarner's battery management system (BMS) has been selected by a leading global vehicle manufacturer to equip the entirety of its B-segment, C-segment and light... Read More
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Partnership demonstrates BorgWarner's continued leadership in inverter technology for the dedicated hybrid transmission (DHT) segment in China and beyond Technology delivers multi-functionality, cost and weight reduction, flexible packaging and easy installation Dual inverters provide dynamic operating range with enhanced... Read More
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BorgWarner's high-voltage hairpin eMotors to be used in the Chinese brand's second-generation 800V propulsion system platform Delivers higher efficiency, power and torque density Expected to strengthen BorgWarner's leadership in electric propulsion systems BorgWarner , a global leader in delivering innovative and sustainable... Read More
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BorgWarner Inc. (NYSE: BWA) today reported first quarter results. New Program Awards and Charging Forward Highlights: BorgWarner announced the first OEM business win for the Company's flexible battery management system (BMS) technology. The Company's BMS has been selected by a leading global vehicle manufacturer to equip all... Read More
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The Science, Technology, Engineering and Production (STEP) Ahead Awards recognize women for exemplary leadership in their careers and communities Tania Wingfield is the sixth consecutive BorgWarner leader to receive this award Recipients were recognized at awards ceremony on April 28 in Washington, D.C. BorgWarner's Tania... Read More
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BorgWarner becomes SCBC member to expand hiring and advancement practices for those with criminal records Joins corporate leaders from diverse industries including GM, Microsoft and Target Membership includes tools, relationships and resources BorgWarner , a global product leader in delivering innovative and sustainable... Read More
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On April 27, 2022 , the Board of Directors of BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of $0.17 per share of common stock. The dividend is payable on June 15, 2022 to stockholders of record on June 1, 2022 . For more than 130 years, BorgWarner Inc. (NYSE: BWA) has been a transformative global product... Read More
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BorgWarner Inc. (NYSE: BWA) announces the following Webcast: What: BorgWarner 2022 First Quarter Results Conference Call When: May 4, 2022 @ 9:30am Eastern Time Where: http://www.borgwarner.com/en/Investors/default.aspx How: Live over the Internet -- Simply log on to the web at the address above. If you are unable to... Read More
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BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market, has received a $4.09 million U.S. Department of Energy (DOE) Award to design and develop a cost-effective, advanced direct current fast charger (DCFC). BorgWarner received one of 25 research, development and... Read More
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Expected to strengthen electric propulsion systems leadership Complementary, market leading vertical integration capabilities BorgWarner Inc. (NYSE: BWA) today announced that it has completed its acquisition of Santroll Automotive Components, a carve-out of Santroll's eMotor business. The acquisition is expected to strengthen... Read More
BorgWarner Inc. (NYSE: BWA) announces the following Webcast: What: BorgWarner 2022 First Quarter Results Conference Call When: May 4, 2022 @ 9:30am Eastern Time Where: http://www.borgwarner.com/en/Investors/default.aspx How: Live over the Internet -- Simply log on to the web at the address above. If you are unable to participate during the live webcast, the call will be archived at (... Read More
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Delphi Technologies Aftermarket, a brand of BorgWarner , has been awarded Supplier of the Year by NEXUS Automotive, the global automotive aftermarket, a testament to their successful collaboration and shared global vision for a better Aftermarket. With the Supplier of the Year award, NEXUS recognizes the disruptive and... Read More
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Following his record-breaking victory at the 2021 Indianapolis 500, where he recorded an average speed of 190.690 mph, Hélio Castroneves will further cement his name in the history books by becoming the 108 th face to adorn the Borg-Warner Trophy ® . The trophy was officially unveiled during a ceremony earlier today at the... Read More
BorgWarner , a global product leader in delivering innovative and sustainable mobility solutions to the vehicle market, is empowering a leading Chinese original equipment manufacturer (OEM) to launch a new, high-end battery electric vehicle (BEV) platform by providing its 800V silicon carbide (SiC) inverters. The inverters will be featured on two of the company's subsidiary brands targeted at mid- and high-end segments in... Read More
BorgWarner has been selected by a major European Commercial Vehicle OEM to provide its eFan system for battery-powered long-haul road transport vehicles. This is the company's first business win for the high-voltage (HV) eFan system, which is tailored to the customer's individual needs. It will be implemented on vehicles for the European market. Production is expected to commence in late 2024. "We are a long-standing... Read More
BorgWarner is expanding its efforts into hydrogen combustion and was recently awarded its first hydrogen injection system production program for an off-road application by a European construction equipment manufacturer. This quick-to-market technology supports CO 2 -free mobility and offers appealing total cost of ownership due to optimized energy efficiency and payload capacity as well as short refueling time. "This... Read More
BorgWarner has secured a contract with a Chinese luxury new energy vehicle (NEV) brand to supply its new integrated drive module (iDM) equipped with its compact 800V silicon carbide (SiC) inverter and hairpin electric motor. The 800V iDM220 features BorgWarner's exclusive and compact Viper power module which is the core of the SiC inverter, helping improve the range, driving performance and safety of electric vehicles. This... Read More
BorgWarner has secured a contract with a major global OEM to supply high voltage generator inverters to be used in an innovative electrified architecture to charge the main batteries. The silicon carbide (SiC) based inverter is designed to provide high levels of continuous current and advanced cooling strategies to manage the application's challenging thermal demands. "BorgWarner is extremely proud to secure this contract... Read More
BorgWarner Inc. (NYSE: BWA) today reported 2021 fourth quarter and full-year results. New Program Awards and Charging Forward Highlights: BorgWarner's 2022 electric vehicle revenue is expected to grow to more than $800 million , which is more than double what it was in 2021. Based on new business awards and actions announced to date, the Company believes it is already on track to achieve more than $3.3 billion of electric... Read More
BorgWarner Inc. (NYSE: BWA), Santroll Electric Auto and Santroll Automotive Components today announced that they have signed an Equity Transfer Agreement (ETA) under which BorgWarner will acquire Santroll Automotive Components, a carve-out of Santroll's eMotor business, for up to ¥1.4 billion, comprised of a closing payment of ¥1.1 billion and an earnout of up to ¥0.3 billion. The transaction will be funded primarily with... Read More
BorgWarner Inc. (NYSE: BWA) today announced that it has completed its acquisition of AKASOL AG. The combination of BorgWarner and AKASOL is expected to significantly strengthen the company's commercial vehicle and industrial electrification capabilities, which positions the company to capitalize on what it believes to be a fast-growing battery systems market. "We are pleased to complete our acquisition of AKASOL and welcome... Read More
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On February 9, 2022 , the Board of Directors of BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of $0.17 per share of common stock. The dividend is payable on March 15, 2022 to stockholders of record on March 1, 2022 . BorgWarner is a global product leader in sustainable mobility solutions for the vehicle... Read More
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BorgWarner Inc. (NYSE: BWA) announces the following Webcast: What: BorgWarner 2021 Fourth Quarter and Full Year Results Conference Call When: February 15, 2022 @ 9:30am Eastern Time Where: http://www.borgwarner.com/en/Investors/default.aspx How: Live over the Internet -- Simply log on to the web at the address above. If you... Read More
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BorgWarner today announced that it is one of 414 companies across 45 countries and regions to join the 2022 Bloomberg Gender-Equality Index (GEI), a modified market capitalization-weighted index that aims to track the performance of public companies committed to transparency in gender-data reporting. This reference index... Read More
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BorgWarner Inc. (NYSE: BWA) announces the following Webcast: What: BorgWarner 2021 Fourth Quarter and Full Year Results Conference Call When: February 15, 2022 @ 9:30am Eastern Time Where: http://www.borgwarner.com/en/Investors/default.aspx How: Live over the Internet -- Simply log on to the web at the address above. If you... Read More
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Qnovo , a pioneer in battery management software, announced the closing of $24M in Series-C financing. BorgWarner led the round with significant participation by OGCI Climate Investments and Constellation Technology Ventures. Existing investors U.S. Venture Partners and RockPort Capital also participated. The company, which is... Read More
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BorgWarner , a global leader in delivering innovative and sustainable mobility solutions for the vehicle market, today announced its investment in Qnovo, Inc., a privately held, Silicon Valley-based software and controls company. BorgWarner is the lead investor for Qnovo's multi-million-dollar Series-C capital raise. With... Read More
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BorgWarner Inc. ("BorgWarner") has sold its Water Valley, Mississippi facility to Atar Capital. The sale is consistent with Project Charging Forward, BorgWarner's accelerated electrification strategy which the Company announced in March 2021 . Outlined in this strategy is a target to dispose of $3 billion to $4 billion in... Read More
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BorgWarner is strengthening its inverter capabilities and offerings through an exclusive licensing agreement with PolyCharge America, Inc., a startup company formed to deliver disruptive capacitor products. With this agreement, BorgWarner secures exclusive rights to bring the PolyCharge NanoLam TM capacitors in-house for use... Read More
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BorgWarner has been awarded on Newsweek's list of America's Most Responsible Companies 2022, ranking 82 out of 500. This prestigious award is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on Dec. 2, 2021 and can currently be viewed on... Read More
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BorgWarner , a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market, has joined the Clean Energy Buyers Alliance (CEBA) as a "large energy buyer" member to support its commitment to environmental sustainability and vision of a clean, energy-efficient world. The alliance of... Read More
The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced McDonald's Corporation (NYSE: MCD) as its "Stock to Study" and BorgWarner, Inc . (NYSE: BWA) as its "Undervalued Stock" in the January 2022 issue for investors' informational and educational use. "While it is human nature to focus on today, perhaps even more so in these pandemic times, investing success is best accomplished by... Read More
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BorgWarner Thermal Systems has been awarded a grant to grow its electric vehicle business and is set to launch a new high-voltage coolant heater (HVCH) at its existing facility in Cadillac , Michigan. The electrification project is expected to generate a total capital investment of $11.2 million and create up to 30 jobs with... Read More
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BorgWarner Inc. , a global leader in delivering innovative and sustainable mobility solutions for the vehicle market, today announced that it has been recognized on Forbes' list of "World's Top Female Friendly Companies," for its efforts in supporting women inside and outside of the workplace. BorgWarner ranked 103 out of 300... Read More
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On November 9, 2021 , the Board of Directors of BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of $0.17 per share of common stock. The dividend is payable on December 15, 2021 to stockholders of record on December 1, 2021 . BorgWarner is a global product leader in sustainable mobility solutions for the vehicle... Read More
BorgWarner announced today that Sara A. Greenstein has been named to its Board of Directors. "We are pleased to welcome Sara to BorgWarner's Board of Directors," said Alexis P. Michas, non-executive chairman of the board of BorgWarner. "Sara's breadth of leadership experience in the production and manufacturing space makes her a strong complement to our board." Ms. Greenstein was the President, Chief Executive Officer and... Read More

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