BorgWarner Inc - Company Profile
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Business Description
BorgWarner Inc (BorgWarner) is an automobile component manufacturer, that offers products help improve vehicle performance, propulsion efficiency, stability, and air quality to original equipment manufacturers OEMs.
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R&D Overview
The company's R&D division conducts advanced propulsion research to conceive, design, develop, and manufacture new proprietary components and systems; and to improve current products and production processes. In addition to this, the R&D division also oversees the company's investments in certain venture capital funds that provide seed money for start-up businesses for the development of new technologies, concerning the automotive industry and BorgWarner's propulsion strategies. The company's each segment has its R&D centers. Furthermore, BorgWarner operates testing facilities such as prototype, measurement and calibration, life-cycle testing, and dynamometer laboratories. In FY2023, the company spent US$717 million on Research and Development, which as a percentage of revenue, stood at 5.1% and grew 1.4% YoY.
Business Segments
Overview
Offers the development and manufacturing of products to improve fuel economy, reduce emissions, and enhance performance. Its products include eBoosters, eTurbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, smart remote actuators, powertrain sensors, cabin heaters, battery heaters, battery charging, and direct current charging stations.
Performance
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Overview
Offers battery modules and systems; control modules; friction, and mechanical clutch products for automatic transmissions; torque management products; and rear-wheel drive (RWD) and all-wheel drive (AWD) transfer case systems and coupling systems.
Performance
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Overview
Offers technologies, which include power electronics such as inverters, onboard chargers, DC converters, and combination boxes (multiple combined power electronics components). It also provides rotating electric machines including eMotors, generators, engine control units, transmission control units, battery management systems, propulsion controllers, domain controllers, and fully integrated drive modules (iDM).
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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