BorgWarner

California Energy Commission Awards a $3 Million Grant to BorgWarner, Fermata Energy and Lion Electric for Innovative Vehicle-to-Grid Project with Bus Operator American Transportation to Service Student Transportation for California School Districts

Retrieved on: 
Monday, March 18, 2024

The California Energy Commission (CEC) has awarded BorgWarner Inc. (NYSE: BWA) and project partners Fermata Energy and The Lion Electric Company (NYSE: LEV) (TSX: LEV) (“Lion Electric”) a $3 million grant for an innovative Vehicle-to-Grid (V2G) project.

Key Points: 
  • The California Energy Commission (CEC) has awarded BorgWarner Inc. (NYSE: BWA) and project partners Fermata Energy and The Lion Electric Company (NYSE: LEV) (TSX: LEV) (“Lion Electric”) a $3 million grant for an innovative Vehicle-to-Grid (V2G) project.
  • This initiative is set to bring grid-supporting and cost-saving V2G solutions for services provided by American Transportation to California school districts, marking a significant step forward in energy management and the transition to electric school buses.
  • By working with BorgWarner, Fermata Energy and Lion Electric, the CEC will support the strengthening and decarbonization of California’s grid while pairing a fleet of electric school buses with AI-powered V2G technology.
  • V2X bidirectional school bus technologies can enable school districts to support CEC’s electrification goals while providing revenue or electric bill savings for school bus fleet operators.

Global and China Hybrid Electric Vehicle (HEV) Research Report 2023-2024: Dedicated Hybrid Engines (DHE) with Thermal Efficiency of 45% have been Mass-Produced, and Industrial Upgrade is Imminent - ResearchAndMarkets.com

Retrieved on: 
Friday, March 15, 2024

The "Global and China Hybrid Electric Vehicle (HEV) Research Report, 2023-2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global and China Hybrid Electric Vehicle (HEV) Research Report, 2023-2024" report has been added to ResearchAndMarkets.com's offering.
  • As new models continue to emerge, the sales of plug-in/extended-range hybrid electric passenger cars will be on the rise.
  • It is expected that by 2025, plug-in/extended-range hybrid electric passenger cars will take up 40% of the new energy passenger car sales in China.
  • Dedicated hybrid engines (DHE) with thermal efficiency of 45% have been mass-produced, and industrial upgrade is imminent.

BorgWarner Awarded on Newsweek's Most Trustworthy Companies in America 2024 List

Retrieved on: 
Thursday, March 28, 2024

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.

Key Points: 
  • 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.
  • The awards list was announced on March 27th, 2024, and can be viewed on Newsweek.com .
  • The Most Trustworthy Companies in America 2024 have been chosen based on a holistic approach to evaluating trust.
  • Based on the results of the study, BorgWarner is ecstatic to be recognized on Newsweek's list of Most Trustworthy Companies in America 2024.

BorgWarner, Goodman Group, Windrose EV trucks, and Decathlon collaborate on one of the world's fastest mega-watt chargers

Retrieved on: 
Tuesday, March 26, 2024

The first project will be located at the Decathlon-operated warehouse in Goodman Citylink near Beijing, and will be the world's first operational megawatt-level super-charging infrastructure.

Key Points: 
  • The first project will be located at the Decathlon-operated warehouse in Goodman Citylink near Beijing, and will be the world's first operational megawatt-level super-charging infrastructure.
  • Goodman Group is a global industrial and logistics real estate developer, with a property portfolio that includes logistics warehouses, industrial parks and data centres.
  • Windrose Technology is providing battery electric autonomous-ready heavy-duty truck solutions for Goodman China's customers.
  • As a leading new energy charging technology solution provider, BorgWarner will provide decarbonisation support for Goodman China's customers' supply chain.

Webcast Alert: BorgWarner 2024 First Quarter Results Conference Call

Retrieved on: 
Thursday, March 21, 2024

AUBURN HILLS, Mich., March 21, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:

Key Points: 
  • AUBURN HILLS, Mich., March 21, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
    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 ( http://www.borgwarner.com/en/Investors/default.aspx )
    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 world's transition to eMobility -- to help build a cleaner, healthier, safer future for all.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/webcast-alert-borgwarner-2024-f...

Mike Heifler joins Adient as vice president of Investor Relations and Strategy

Retrieved on: 
Tuesday, March 19, 2024

PLYMOUTH, Mich., March 19, 2024 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, announced that Mike Heifler has joined the company as vice president of Investor Relations and Strategy, effective March 18, 2024.

Key Points: 
  • PLYMOUTH, Mich., March 19, 2024 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, announced that Mike Heifler has joined the company as vice president of Investor Relations and Strategy, effective March 18, 2024.
  • Heifler joins Adient from PHINIA, a recent spin-off from BorgWarner, where he was vice president of Investor Relations.
  • Prior to joining PHINIA, Heifler led Investor Relations at General Motors.
  • Heifler earned an MBA in Finance from New York University and a bachelor's degree in Management from Rutgers University.

Global and China Hybrid Electric Vehicle (HEV) Research Report 2023-2024: In 2025, the Share of Plug-in/Extended-range Hybrid Electric Passenger Cars by Sales in China is Expected to Rise to 40%

Retrieved on: 
Friday, March 15, 2024

DUBLIN, March 15, 2024 /PRNewswire/ -- The "Global and China Hybrid Electric Vehicle (HEV) Research Report, 2023-2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 15, 2024 /PRNewswire/ -- The "Global and China Hybrid Electric Vehicle (HEV) Research Report, 2023-2024" report has been added to ResearchAndMarkets.com's offering.
  • In China, plug-in/extended-range hybrid electric passenger cars already make up 30.6% of new energy passenger cars.
  • As new models continue to emerge, the sales of plug-in/extended-range hybrid electric passenger cars will be on the rise.
  • It is expected that by 2025, plug-in/extended-range hybrid electric passenger cars will take up 40% of the new energy passenger car sales in China.

BorgWarner Partners with Manufacture 2030 to Reduce Supply Chain Emissions

Retrieved on: 
Wednesday, March 6, 2024

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 greenhouse gas (GHG) emissions 25% by 2030.

Key Points: 
  • 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 greenhouse gas (GHG) emissions 25% by 2030.
  • By utilizing the tool, BorgWarner will promote collaboration, accountability and engagement across its supply base on emissions reduction.
  • "Offering this software to our suppliers enables them to manage, track and reduce their emissions, which in turn enables us to reduce our Scope 3 emissions footprint."
  • Most recently, the SBTi validated BorgWarner's targets to reduce absolute Scope 1 and 2 GHG emissions 85%, and absolute Scope 3 GHG emissions 25% by 2030, both from a 2021 base year.

BorgWarner Announces Appointment of Chief Accounting Officer

Retrieved on: 
Friday, March 1, 2024

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.

Key Points: 
  • 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 with Cooper-Standard Holdings Inc. as its Chief Accounting Officer.
  • Ms. Kulikowski is a CPA and member of the American Institute of Certified Public Accountants.

Global and China New Energy Vehicle Electric Drive and Power Domain Industry Report 2023 - OEMs Working Harder to Independently Develop and Manufacture Electric Drive Systems

Retrieved on: 
Thursday, February 15, 2024

DUBLIN, Feb. 15, 2024 /PRNewswire/ -- The "New Energy Vehicle Electric Drive and Power Domain Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 15, 2024 /PRNewswire/ -- The "New Energy Vehicle Electric Drive and Power Domain Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • Electric drive and power domain research: electric drive assembly evolves to integration and domain control
    To follow the development trend for electrified and lightweight vehicles, new energy vehicle electric drive assembles tend to be highly integrated.
  • OEMs work harder to independently develop and manufacture electric drive systems.
  • 1.1 Mainstream Electric Drive Integration Solution: Three-in-one
    1.2 Future Electric Drive Integration Trend: All-in-one Deep Integration
    4.2 China Passenger Car Power Domain Controller Market Size, 2022-2025E