Welcome to our dedicated page for Borgwarner news (Ticker: BWA), a resource for investors and traders seeking the latest updates and insights on Borgwarner stock.
BorgWarner Inc. (NYSE: BWA) - a global leader in propulsion systems and electrification solutions - maintains this dedicated news hub for investors and industry stakeholders. Access official press releases, financial disclosures, and strategic updates from the automotive technology innovator.
This resource consolidates BorgWarner's latest developments in e-mobility advancements, powertrain innovations, and sustainability initiatives. Users will find timely updates on earnings reports, product launches, manufacturing expansions, and technology partnerships that shape the future of vehicle propulsion systems.
Key content categories include quarterly financial results, breakthrough engineering developments in electric vehicle components, strategic acquisitions, and updates on emission-reduction technologies. The archive serves as an essential tool for tracking BorgWarner's progress in balancing combustion engine optimization with next-generation electrification solutions.
Bookmark this page for direct access to unfiltered corporate communications from one of the automotive industry's most influential suppliers. Check regularly for updates on how BorgWarner continues to drive innovation in hybrid and electric vehicle technologies while maintaining leadership in traditional propulsion systems.
BorgWarner has received a $4.97 million award from the U.S. Department of Energy for developing a Scalable Ultra Power-dense Extended Range (SUPER) inverter. This project is part of a larger initiative where $60 million is allocated to 24 projects aimed at reducing CO2 emissions in transportation. The project will last 39 months, focusing on creating a smaller, more efficient inverter for electrified vehicles, targeting a power density of 100kW per liter. BorgWarner collaborates with several partners, including Infineon Technologies and Virginia Tech.
BorgWarner's integrated P3 hybrid drive module will power various SUVs for a major European OEM, enhancing fuel economy and reducing CO2 emissions. Custom-designed, it features a permanent magnet motor, power electronics, and advanced software controls, achieving peak power of 25 kW. This compact solution aims for an August 2023 release, supporting BorgWarner's position in the hybrid and electric market.
BorgWarner's Arvis Williams has been honored with induction into the 2021 Women in Manufacturing Hall of Fame, acknowledging her significant contributions to the manufacturing sector and advocacy for women. With over 30 years of experience, Williams leads 29 plants across 17 countries. Her leadership is celebrated for driving performance and promoting diversity. The recognition took place during WiM's 11th annual SUMMIT in Cleveland on October 6, 2021.
BorgWarner has enhanced its collaboration with HYCET Transmission Technology by supplying a triple-clutch P2 drive module and hydraulic control unit for Great Wall's Haval and WEY brands. This partnership supports the first 9-speed P2 9HDCT hybrid transmission for HYCET's 'I-Era 2.0' powertrain, aimed at improving vehicle efficiency and performance. The innovative P2 module integrates up to three clutches and features a compact design for easy installation, meeting the growing demand for hybrid vehicles. Mass production of these vehicles is expected by January 2022.
BorgWarner Inc. (NYSE: BWA) has announced a conference call to discuss its 2021 third quarter results scheduled for November 3, 2021, at 9:30 AM Eastern Time. Investors can participate by logging onto the company's investor relations page. The call will also be available as an archived recording. BorgWarner is recognized as a global leader in innovative, sustainable mobility solutions, with a workforce of approximately 50,000 employees across 96 locations in 23 countries. For more details, visit borgwarner.com.
BorgWarner's leadership attended the grand opening of AKASOL's Gigafactory 1 in Darmstadt, Germany, on August 16, 2021. This factory, the largest in Europe for commercial vehicle battery systems, emphasizes BorgWarner's strategic move toward electrification. Following the acquisition of AKASOL in June 2021, BorgWarner holds an approximate 93% stake, aiming for full ownership by mid-2022. Through its Project Charging Forward, BorgWarner targets generating about 45% of revenue from electric vehicles by 2030, with AKASOL contributing significantly to this initiative.
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