BWA

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
Other Transport, Fleet Management, Environment, Transport, Automotive, EV, Electric Vehicles, Artificial Intelligence, Software, Other Policy Issues, Technology, Public Policy, Government, Other Energy, Utilities, Alternative Energy, Energy, Other Education, Climate Change, General Automotive, Education, Lion Electric Company, GFO, Climate change, GM, Farm, Total cost, EVS, School, Wildfire, Innovation, Drought, CEC, Commercial, CCS, BorgWarner, TCO, Senior, Wind, Student, CVUSD, TSX, V2X, VGI, BWA, PSPS, Multimedia, Weather, Renewable energy

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.

Webcast Alert: BorgWarner 2024 First Quarter Results Conference Call

Retrieved on: 
Thursday, March 21, 2024
BWA, Webcast, BorgWarner, Multimedia, Internet

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...

BorgWarner Announces Appointment of Chief Accounting Officer

Retrieved on: 
Friday, March 1, 2024
Certified Public Accountant, BWA, BorgWarner, CPA, University, Business administration, American Institute, Accounting

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.

BorgWarner Signs International Strategic Relationship Agreement with FinDreams Battery for LFP Battery Packs

Retrieved on: 
Thursday, February 8, 2024
Lithium, LFP, Chemistry, BWA, BorgWarner, FDB, BYD Company, Battery, Electric battery

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

Key Points: 
  • 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 manufacturer, unaffiliated with FinDreams Battery, with rights to localize LFP battery packs for commercial vehicles utilizing FinDreams Battery blade cells in Europe, the Americas, and select regions of Asia Pacific.
  • In addition to receiving state-of-the-art blade cells for manufacturing LFP battery packs in the covered geographies, BorgWarner will receive a license from FinDreams Battery to use FinDreams Battery's intellectual property related to its battery pack design and manufacturing process.
  • "We believe FinDreams Battery is right for BorgWarner in this area, with its 20-plus years of experience and success in LFP batteries for the mobility sector across China and Europe.

Fermata Energy Announces Groundbreaking Integration with BorgWarner Bidirectional Chargers to Enhance V2X Charging Capabilities for EV Fleets

Retrieved on: 
Tuesday, February 6, 2024
Automotive Manufacturing, Green Technology, Fleet Management, Manufacturing, Environment, Automotive, EV, Electric Vehicles, Sustainability, Software, Hardware, Data Management, Technology, Other Energy, Utilities, Alternative Vehicles, Fuels, Alternative Energy, Energy, General Automotive, Multimedia, GM, The Electric Company, History, V2X, Transport, Total cost of ownership, BWA, CCS, BorgWarner, UL, Original equipment manufacturer, EVS, Nissan, TCO, Toyota Motor North America, Renewable energy

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).

Key Points: 
  • 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).
  • View the full release here: https://www.businesswire.com/news/home/20240206367637/en/
    Fermata Energy Integration with BorgWarner Bidirectional Chargers Enhances V2X Charging Capabilities for EV Fleets (Graphic: Business Wire)
    The integration of Fermata Energy’s software with BorgWarner’s hardware, includes both of their UL certified 60kW and 125kW chargers.
  • Fermata Energy is actively working with various automotive OEMs to embed bidirectional charging capabilities, showcasing its technological prowess and dedication to innovation in the bidirectional charging market.
  • "As two early market leaders in the V2X bidirectional charging space, we're thrilled to partner with BorgWarner,” said Tony Posawatz, CEO of Fermata Energy.

Webcast Alert: BorgWarner 2023 Fourth Quarter and Full-Year Results Conference Call

Retrieved on: 
Thursday, February 1, 2024
Multimedia, BWA, BorgWarner, Internet, Webcast

AUBURN HILLS, Mich., Feb. 1, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:

Key Points: 
  • AUBURN HILLS, Mich., Feb. 1, 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 ( https://www.borgwarner.com/investors )
    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-2023-f...

EQS-News: ILI.DIGITAL AG: More and more banks are offering the CO2 tool gecco2 to their corporate clients

Retrieved on: 
Tuesday, January 30, 2024
CO2, Digital Solutions, CSRD, BWA, Greenhouse gas, Intelligence, Corporate sustainability, CCF, Algorithm, Carbon, AG, SME, Volksbank, Carbon accounting, GHG, Renewable energy

Around 7 months after the market launch, six banks have already integrated the CO2 tool into their offering for corporate customers.

Key Points: 
  • Around 7 months after the market launch, six banks have already integrated the CO2 tool into their offering for corporate customers.
  • Eight banks are currently in the implementation phase - several other institutions are currently reviewing the use of gecco2.
  • Using algorithms and established calculation models, gecco2 calculates ecological data - the corporate carbon footprint (CCF) - from the economic data.
  • The CO2 tool also supports companies in meeting the requirements of the Corporate Sustainability Reporting Directive (CSRD), which came into force in 2023.

Webcast Alert: BorgWarner 2023 Fourth Quarter and Full Year Results Conference Call

Retrieved on: 
Wednesday, January 3, 2024
BorgWarner, BWA, Webcast, Multimedia, Internet

AUBURN HILLS, Mich., Jan. 3, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:

Key Points: 
  • AUBURN HILLS, Mich., Jan. 3, 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 ( https://www.borgwarner.com/investors )
    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-2023-f...

BorgWarner Announces CFO Succession Plan

Retrieved on: 
Tuesday, December 5, 2023
Accounting, Acquisition, NYSE, CFO, Forward, BWA, Certified Public Accountant, Delphi Technologies, Michigan State University, BorgWarner, Treasurer, Controller, Partnership, Growth, Federal-Mogul, Life, Management, Finance

Craig Aaron, BorgWarner's current Vice President and Controller, will succeed Mr. Nowlan as Executive Vice President and CFO, effective March 1, 2024.

Key Points: 
  • Craig Aaron, BorgWarner's current Vice President and Controller, will succeed Mr. Nowlan as Executive Vice President and CFO, effective March 1, 2024.
  • These actions have fundamentally transformed BorgWarner and have driven significant shareholder value.
  • I wish BorgWarner the best as the Company continues to 'charge forward' while I move on to the next chapter in my life."
  • Mr. Aaron joined BorgWarner in 2007 and has held a number of positions in accounting and finance, including Controller, Treasurer, and Vice President of Finance for BorgWarner Morse Systems.

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

Retrieved on: 
Friday, December 1, 2023
BorgWarner, Electronics, BWA, NYSE, Acquisition, Eldor, Management

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").

Key Points: 
  • 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 welcome Eldor's talented employees to BorgWarner," said Frédéric Lissalde, President and CEO of BorgWarner.