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AUBURN HILLS, Mich. - BorgWarner (BWA), a $7.59 billion market cap automotive technology company with a "Good" financial health score according to InvestingPro, announced Thursday it has secured a contract to provide wastegate turbocharger technology for a hybrid powertrain option on a major global automaker’s high-profile sports car platform.
The technology will enable the engine to reach up to 450 horsepower and 460 pound-feet of torque. Production is scheduled to begin in the third quarter of 2028. With annual revenues of $14 billion and strong liquidity metrics, BorgWarner appears well-positioned to execute on this long-term contract.
BorgWarner’s wastegate turbochargers are designed to deliver quick response times and power density while maintaining a lightweight design. The components are built with heat-resistant materials capable of withstanding temperatures up to 1050°C.
"This contract represents a significant competitive victory for our engineering team," said Dr. Volker Weng, Vice President of BorgWarner and President of Turbos and Thermal Technologies, according to the company’s press release.
The electrically actuated turbochargers help release excess energy within the engine, improving fuel economy and reducing emissions. The technology is engineered for gasoline engines ranging from 0.9 to 3.0 liters and is available in single-scroll, twin-scroll and dual volute turbine designs.
BorgWarner noted that the turbochargers are designed to optimize noise, vibration and harshness levels for a smoother driving experience.
The contract follows several recent agreements for the same technology with other manufacturers, according to the company statement. BorgWarner did not disclose the identity of the automaker or the financial terms of the agreement.
In other recent news, BorgWarner reported second-quarter results that exceeded expectations, driven by strong growth in electric vehicle components. The company also raised its outlook for 2025, signaling confidence in its future performance. Additionally, BorgWarner announced it has secured contracts to supply high-voltage coolant heater technology for plug-in hybrid electric vehicle platforms with two major global automakers. This marks the company’s first eHeater supply agreement for a hybrid program with a legacy automaker, featuring 400V technology. Production for this initiative is anticipated to begin in 2028. These recent developments highlight BorgWarner’s strategic moves in the electric vehicle market.
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