Borgwarner Wins Two Additional Inverter Awards, Provides ... Posted February 19, 2021 by Tom Lombardo & filed under Newswire, The Tech.. BorgWarner and AKASOL have signed an agreement to position BorgWarner to expand its commercial vehicle electrification capabilities. BorgWarner Agrees to Acquire AKASOL AG, Seeking to Expand ... BorgWarner Included on Newsweek's America's Most ... BorgWarner Completes Tender Offer For 89% Stake in AKASOL AUBURN HILLS, Mich. , Dec. 3, 2021 /PRNewswire/ -- BorgWarner has been awarded on Newsweek's list of America's Most Responsible Companies 2022, ranking 82 out of 500. "BorgWarner is extremely proud to receive this recognition from Forbes and hold rank with the nation . BorgWarner Inc. (NYSE: BWA) is a global product leader delivering innovative and sustainable mobility solutions for the vehicle market. BorgWarner is strengthening its inverter capabilities and offerings through an exclusive licensing agreement with PolyCharge America, Inc., a startup company formed to deliver disruptive capacitor . BorgWarner Named to Forbes' World's Top Female Friendly ... BorgWarner became an investor of CelLink on June 11, 2021. For more information, please visit borgwarner.com. 452 KB. Since 2001, Sven Schulz has been active in the automotive industry. This prestigious award is presented by Newsweek and Statista Inc., the world . BorgWarner Inc. (NYSE: BWA) today announced that it has completed the tender offer for shares of AKASOL AG, resulting in BorgWarner owning 89.08% of AKASOL's outstanding shares following . Do NOT follow this link! 1.0 MB. Intentional Growth for a Sustainable Future •This high-impact change is a product of our vision and strategy •Our vision of a clean, energy-efficient world is as relevant today as ever •And our accelerated electrification strategy to advance that vision is today's story Revenue from EVs 3 <3% >25% ~45% 2021¹ 2025 2030 1 Estimate at the midpoint of FY21 guidance This presentation contains information about BorgWarner's financial results that is not presented in accordance with accounting principles generally accepted in the United States ("GAAP"). Jun 07, 2021. 2.0 MB. Berenberg is acting as financial advisor and Hogan Lovells is acting as legal advisor to AKASOL. Now let's look at our earnings and cash flow performance on slide 10. The BorgWarner 800V SiC inverter with proprietary power switches provides a more compact and efficient power module, resulting in higher electric vehicle range and enhanced . BorgWarner Inc. (NYSE: BWA) is a global product leader in delivering innovative and sustainable mobility solutions for the vehicle . The IDM capabilities offer excellent near-term growth potential in the Asian market which is the largest EV market in the world. Earnings per diluted share $ 0.40 $ 0.53 $ 1.70 $ 0.69. For more information, please visit borgwarner.com. Sven Schulz is the CEO of AKASOL AG. The event was live streamed and viewed… Liked by Rogerio A. With this agreement, BorgWarner secures exclusive rights to bring the PolyCharge NanoLam TM capacitors in-house for use in the company's . BorgWarner is honored to be recognized on Newsweek's list of America's Most Responsible . Q3 Earnings Infographic. Foreign currencies are expected to result in a year-over-year increase in sales of approximately $425 million primarily due to the strengthening of the Euro, Chinese Renminbi and Korean Won against the U.S. dollar. 138 KB. This prestigious award is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider. The alliance of large clean energy . About BorgWarner. 932 KB. BorgWarner Inc. (NYSE: BWA) and AKASOL AG (ETR: ASL) today announced that they have signed a Business Combination Agreement ("BCA") to position BorgWarner to significantly expand its commercial . BorgWarner to Acquire AKASOL AG Presentation. About AKASOL AKASOL is a leading German developer and manufacturer of high-energy and high-performance lithium-ion battery systems for use in buses, commercial vehicles, rail vehicles and industrial vehicles, as well as in ships and boats. We look forward to welcom-ing their incredibly talented team to BorgWarner." BorgWarner believes the acquisition 2021. Gen4 controllers offer an Sevcon HVLP-20 automotive mobile inverter Operating the EK10AA E-Charger, Rotrex delivers a pre-set Sevcon (BorgWarner) Gen4 HVLP-20, IP67 automotive, mobile inverter. The awards list was announced on Dec. 2, 2021 and can currently be viewed on Newsweek's website. Building on its original equipment expertise, BorgWarner also brings market leading product and service solutions to the global aftermarket. AUBURN HILLS, Mich., Dec. 15, 2021 /PRNewswire/ -- BorgWarner is strengthening its inverter capabilities and offerings through an exclusive licensing agreement with PolyCharge America, Inc., a . BorgWarner Inc. (NYSE: BWA) and AKASOL AG (ETR: ASL) today announced that they have signed a Business Combination Agreement ("BCA") to position BorgWarner to significantly expand its commercial vehicle electrification capabilities. The alliance of […] AUBURN HILLS, Mich., Nov. 3, 2021 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported third quarter results. With manufacturing and technical facilities in 96 locations in 22 . This prestigious award is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider. BorgWarner Inc. (NYSE: BWA) is a global product leader delivering innovative and sustainable mobility solutions for the vehicle . 1.0 MB. BorgWarner to Acquire AKASOL AG Presentation. The awards list was announced on Dec. 2, 2021 and can currently be viewed on Newsweek's website. AUBURN HILLS, Mich., Nov. 3, 2021 /PRNewswire/ -- BorgWarner will be providing a new, high-voltage silicon carbide (SiC) inverter to a large . Latest Dividend History. BorgWarner is an equal employment opportunity employer such that all qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual . New Program Awards and Charging Forward . Backlog based on latest AKASOL public disclosure of €2.0B as of Q2 2020 using $1.20 USD to Euro exchange rate. ET 3.0 MB. About BorgWarner. Seq Description Document Type Size; 8: XBRL INSTANCE DOCUMENT: bwa-20170331.xml: EX-101.INS: 1608844: 9: XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT: bwa-20170331.xsd AUBURN HILLS, Mich., Dec. 3, 2021 /PRNewswire/ -- BorgWarner has been awarded on Newsweek's list of America's Most Responsible Companies 2022, ranking 82 out of 500. 07 29 21 Dividend Release. 124 KB. 2020 Annual Report. The sum of all these was just over $3.4 billion of revenue in Q3. AUBURN HILLS, Mich., Dec. 3, 2021 /PRNewswire/ -- BorgWarner has been awarded on Newsweek's list of America's Most Responsible Companies 2022, ranking 82 out of 500. Latest Dividend History. Our third quarter adjusted operating income was $311 million . BorgWarner Inc. (NYSE: BWA) is a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market. This prestigious award is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider. AUBURN HILLS, Mich., Dec. 15, 2021 /PRNewswire/ -- BorgWarner is strengthening its inverter capabilities and offerings through an exclusive licensing agreement with PolyCharge America, Inc., a startup company formed to deliver disruptive capacitor products. BorgWarner to acquire AKASOL. AKASOL designs and manufactures customizable lithium-ion battery systems for buses, commercial, rail, and . He completed his management training at the University of St. Gallen, where he holds an MBA. AUBURN HILLS, Mich., Nov. 3, 2021 /PRNewswire/ -- BorgWarner Inc. (NYSE:BWA) today reported third quarter results. AKASOL is a leading developer and manufacturer of mostly liquid-cooled and rechargeable high-performance lithium ion ("Li-Ion") battery systems for a wide range of applications, such as buses, commercial vehicles, rail vehicles, marine, industrial vehicles and stationary applications. Posted February 19, 2021 by Tom Lombardo & filed under Newswire, The Tech.. BorgWarner and AKASOL have signed an agreement to position BorgWarner to expand its commercial vehicle electrification capabilities. BorgWarner IR Day 2021 Infographic. Q3 Earnings Infographic. BorgWarner IR Day 2021 Presentation. BorgWarner has been awarded on Newsweek's list of America's Most Responsible Companies 2022, ranking 82 out of 500. December 15, 2021 - 9:00 am. The provision of these "BorgWarner is proud to join CEBA, the largest group of clean energy buyers in the United States," said Dr. Volker Weng, Vice President of BorgWarner Inc. and President and General Manager, Drivetrain Systems and Sustainability Steering Committee Champion."The expansive knowledge base of the CEBA network will be a great asset to tap into as we explore the array of existing clean energy options . AUBURN HILLS, Mich. and DARMSTADT, Germany, Feb. 15, 2021-- BorgWarner Inc. (NYSE: BWA) and AKASOL AG (ETR: ASL) today announced that they have signed a Business Combination Agreement ("BCA") to position BorgWarner to significantly expand its commercial vehicle electrification capabilities.As part of the agreement, a wholly-owned subsidiary . Constructing on its authentic gear experience, BorgWarner additionally brings market main product and repair options to the worldwide aftermarket. Three Months Ended September 30, Nine Months Ended September 30, 2021. The provision of these comparable GAAP Press Release BorgWarner Captures North American High Voltage Silicon Carbide Inverter Business with Major Global OEM Published: Nov. 3, 2021 at 9:00 a.m. To learn more about BorgWarner's electrification strategy and comprehensive portfolio complete with hybrid and electric vehicle solutions . 452 KB. As you can see, we expect AKASOL to contribute 2021 sales of $75 million to BorgWarner's second half results. BorgWarner has secured a contract with a major OEM to supply high voltage inverters for battery electric vehicle (BEV) platforms including a variety of passenger cars and trucks. February 15, 2021 - 7:00 am. And, financial strength and discipline. BorgWarner IR Day 2021 Presentation. Then we would expect those sales to grow significantly over the next few years, with . Suchnon-GAAP financial measures are reconciled to their closest GAAP financial measures in the Appendix. Latest Annual Meeting Voting Results. As an industrial engineer, he is an excellent generalist in terms of technology. 523 KB. The acquisition of AKASOL is expected to increase year-over-year sales by approximately $70 million. AUBURN HILLS, Mich., Nov. 30, 2021 /PRNewswire/ — BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market, has joined the Clean Energy Buyers Alliance (CEBA) as a "large energy buyer" member to support its commitment to environmental sustainability and vision of a clean, energy-efficient world. Non-comparable items: AKASOL products serve CV and Off-highway applications, which aligns with BorgWarner's goal to increase its electrification portfolio across both LV and CV markets Strengthens BorgWarner's electric propulsion systems leadership 1Backlog based on latest AKASOL public disclosure of €2.0B as of Q2 2020 using $1.20 USD to Euro exchange rate. Shalu Saraf. AUBURN HILLS, Mich., Nov. 30, 2021 /PRNewswire/ -- BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market, has joined the Clean Energy Buyers Alliance (CEBA) as a "large energy buyer" member to support its commitment to environmental sustainability and vision of a clean, energy-efficient world. BorgWarner Inc. (NYSE: BWA) is a worldwide product chief delivering progressive and sustainable mobility options for the car market. AUBURN HILLS, Mich., Nov. 3, 2021 /PRNewswire/ -- BorgWarner will be providing a new, high-voltage silicon carbide (SiC) inverter to a large German automaker for implementation in its next-generation electric vehicles. This prestigious award is This prestigious award is . AUBURN HILLS, Mich., Dec. 15, 2021-- BorgWarner is strengthening its inverter capabilities and offerings through an exclusive licensing agreement with PolyCharge America, Inc., a startup company formed to deliver disruptive capacitor products.With this agreement, BorgWarner secures exclusive rights to bring the PolyCharge NanoLam TM . The final list recognizes the top 500 most responsible companies in the U.S., spanning 14 industries. BorgWarner has been awarded on Newsweek's list of America's Most Responsible Companies 2022, ranking 82 out of 500. AUBURN HILLS, Mich., Dec. 3, 2021 /PRNewswire/ -- BorgWarner has been awarded on Newsweek's list of America's Most Responsible Companies 2022, ranking 82 out of 500. "Akasol is highly-regarded as a repu-table and reliable partner, and like us, they have a customer-first mentality and a culture of innovation and envi-ronmentally friendly technology lead-ership. Mr. Schulz was co-founder and sole investor of AKASOL GmbH in 2008. AUBURN HILLS, Mich., Nov. 3, 2021. BorgWarner has been awarded on Newsweek's list of America's Most Responsible Companies 2022, ranking 82 out of 500. Building on its original equipment expertise, BorgWarner also brings market leading product and service solutions to the global aftermarket. The Company was founded in 1990 as the . The alliance of […] PR Newswire (US) AUBURN HILLS, Mich. , Nov. 5, 2021 /PRNewswire/ -- BorgWarner's Julie Adkins, Senior Manager of Lean Transformation, Continuous Improvement & Operational Excellence, is the recipient of this year's Women in Manufacturing . Latest Annual Meeting Voting Results. BorgWarner's acquisition of AKASOL will strengthen its electric propulsion systems leadership 1. The business . The launch of the inverter is slated for 2024. Latest Proxy. As part of the agreement, a wholly-owned subsidiary of BorgWarner will launch a voluntary public takeover offer at €120.00 per share in cash for all outstanding . 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