Press Releases

Dec 07, 2023

BorgWarner Awarded on Newsweek’s America’s Most Responsible Companies 2024 List

Marks the fifth consecutive year BorgWarner has been includedReaffirms BorgWarner’s environmental, social and corporate governance (ESG) effortsCompanies scored and ranked by KPI research and public survey findingsAuburn Hills, Michigan, ...

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Dec 06, 2023

BorgWarner Participates in Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index

Index acts as benchmark to measure policies, practices and benefits relating to LBGTQ+ employeesIncluded for third consecutive yearAuburn Hills, Michigan, December 6, 2023 – BorgWarner, a global product leader in delivering innovative ...

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Portraits of Kevin Nowlan and Craig Aaron
Dec 05, 2023

BorgWarner Announces CFO Succession Plan

Kevin Nowlan, Executive Vice President and CFO, to Retire. Craig Aaron Promoted to Executive Vice President and CFO, Effective March 1, 2024Auburn Hills, Michigan, December 5, 2023 – BorgWarner Inc. (NYSE: BWA) (“the Company”) today announced ...

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Dec 01, 2023

BorgWarner Completes Acquisition of Eldor Corporation’s Electric Hybrid Systems Business Segment

Auburn Hills, Michigan, December 1, 2023 – 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 ...

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Nov 09, 2023

BorgWarner Declares Quarterly Dividend

Auburn Hills, Michigan, November 9, 2023 – 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, ...

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Nov 02, 2023

BorgWarner to Supply Bi-Directional 800-Volt Onboard Charger to Major North American OEM

800V Onboard Battery Charger (OBC) to be used on OEM’s premium battery electric vehicle (BEV) platformsLeverages BorgWarner’s silicon carbide (SiC) technology and bi-directional vehicle-to-load (V2L) featureOffers various degrees of power ...

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Nov 02, 2023

BorgWarner Secures Contract with Global OEM to Deliver High Voltage Coolant Heaters

Technology intended for use on the automaker’s European light vehicle programSupports customer in optimizing heating to enable fast chargingSOP slated for 2026Auburn Hills, Michigan, November 2, 2023 – BorgWarner has reached an agreement ...

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BorgWarner CIDD
Nov 02, 2023

BorgWarner Increases Power Electronics Business with Premium European OEM

Combined Inverter and DC/DC Converter (CIDD) supply contract extendedCIDD offers compact solution to manage electric drive and accessory systemsTechnology intended for use in premium European OEM’s all-wheel drive B and C segment hybrid ...

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Nov 02, 2023

BorgWarner Reports Third Quarter 2023 Results, Announces Additional eProduct Awards Across Portfolio

Auburn Hills, Michigan, November 2, 2023 – 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 ...

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Sep 12, 2023

BorgWarner Announces Reference Yields of its Cash Tender Offers for its Senior Notes

Auburn Hills, Michigan, September 12, 2023 – 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 ...

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Sep 12, 2023

BorgWarner Announces Early Results of its Cash Tender Offers for its Senior Notes

Auburn Hills, Michigan, September 12, 2023 – 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 ...

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Aug 31, 2023

BorgWarner’s Scope 1, 2 and 3 Emissions Reduction Targets Validated by the SBTi

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 yearThe Scope ...

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Aug 31, 2023

BorgWarner to integrate STMicroelectronics’ Silicon-Carbide Technology in Viper Power Module for Volvo Cars’ Next-Generation Electric Vehicles

ST to supply Silicon Carbide (SiC) power MOSFETs for BorgWarner’s Viper power module to support Volvo Cars’ journey towards being fully electric by 2030BorgWarner will use the SiC dice in their traction inverter platforms for several current ...

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Aug 28, 2023

BorgWarner Announces Cash Tender Offers for up to $500 Million in Aggregate Purchase Price of Senior Notes

Auburn Hills, Michigan, August 28, 2023 – 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, ...

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Aug 21, 2023

BorgWarner to Exhibit Innovative Solutions for eMobility and New Corporate Identity at IAA Mobility 2023

Booth will feature advanced portfolio of vehicle electrification solutions and charging infrastructureRefreshed brand image highlights BorgWarner’s evolutionCompany to exhibit in hall A2, booth B11BorgWarner is set to showcase its growing, ...

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Aug 02, 2023

BorgWarner to Supply Integrated Drive Module for Leading Chinese OEM’s Hybrid Vehicles

BorgWarner’s integrated drive module (iDM) meets hybrid system needsTechnology demonstrates BorgWarner’s leadership in the field of e-Propulsion systemsIntegration of technologies offers cost savingsAuburn Hills, Michigan, August 2, 2023 ...

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BorgWarner Hairpin Technology
Aug 02, 2023

BorgWarner to Support Major East Asian OEM with Inverter and eMotor Stator

Inverter, eMotor stator for the customer’s new drive moduleStrengthens long-standing relationship with the customerStart of production slated for 2025 BorgWarner has been selected by a major East Asian OEM to supply emotor stator and inverter ...

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Metal automotive component with connectors
Aug 02, 2023

BorgWarner to Deliver High Voltage Coolant Heaters to Global Automotive Supplier for Series of OEM EV Platforms

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 OEMHVCH regulates battery pack temperature and cabin ...

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High Voltage Coolant Heater
Aug 02, 2023

BorgWarner Secures eHeater Business Uplift with Premium European OEM

800V 3kW high voltage coolant heater optimizes battery thermal management to increase battery performance and extend electric vehicle rangeRobust thick film element technology provides fast response and long product lifeBorgWarner has ...

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iDM
Aug 02, 2023

BorgWarner Starts to Supply Li Auto New Energy Vehicles with Integrated Drive Module

Highlights BorgWarner’s first integrated drive module (iDM) business in China The iDM220 provides over 200 kW of maximum power System available as a fully integrated module or stand-alone solutionsAuburn Hills, Michigan, August 2, 2023 ...

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