Press Releases

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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Aug 02, 2023

BorgWarner Reports Second Quarter 2023 Results, Reports Additional Progress Towards Charging Forward 2027

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

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Jul 27, 2023

BorgWarner Declares Quarterly Dividend

Auburn Hills, Michigan, July 27, 2023 – 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 ...

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Jul 18, 2023

onsemi and BorgWarner Expand Strategic Collaboration for Silicon Carbide Worth Over $1 Billion in Lifetime Value

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. and Auburn Hills, Mich. July 18, 2023 ...

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Jul 06, 2023

BorgWarner Announces Investment in San Luis Potosi to Expand Production Capabilities of eMobility Technologies

Investment allows the creation of a new manufacturing facility for power electronic components and electric motorsExpansion expected to increase BorgWarner’s workforce in San Luis Potosí by 125% with 380 new direct hire jobs over five ...

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Jul 06, 2023

BorgWarner Named in U.S. News & World Report’s 2023-2024 Best Companies to Work For

BorgWarner was one of 200 companies named in the inaugural listEvaluates companies based on how well workers’ expectations are metWork-life balance, flexibility, pay and benefits included in key factorsAuburn Hills, Michigan, July 6, 2023 ...

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Jul 03, 2023

BorgWarner Announces Completion of PHINIA Spin-Off

Auburn Hills, Michigan, July 3, 2023 – 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 ...

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Large gray and black mechanical part
Jun 23, 2023

BorgWarner to Deliver Electric Variable Cam Timing Technology to Global OEM

Technology to be used in select four-cylinder engineseVCT reduces emissions and significantly improves fuel economy and performanceSOP slated for December 2024Auburn Hills, Michigan, June 23, 2023 – BorgWarner has secured a contract to ...

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Report covering featuring car driving down tree-lined road
Jun 23, 2023

BorgWarner Releases 2023 Sustainability Report, Outlining its Progress on ESG Targets and Role in World’s Transition to eMobility

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, Michigan, ...

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Jun 19, 2023

BorgWarner to Acquire Eldor Corporation’s Electric Hybrid Systems Business Segment

Complements and strengthens BorgWarner’s electric product portfolio Closing expected in third quarter 2023 Auburn Hills, Michigan, June 19, 2023 – – BorgWarner Inc. (NYSE: BWA) and Eldor Corporation S.p.A. today announced that they have ...

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