BorgWarner Secures North American Award for Generator Inverter Program with Major OEM

AUBURN HILLS, Mich., Feb. 15, 2022 /PRNewswire/ -- BorgWarner has secured a contract with a major global OEM to supply high voltage generator inverters to be used in an innovative electrified architecture to charge the main batteries. The silicon carbide (SiC) based inverter is designed to provide high levels of continuous current and advanced cooling strategies to manage the application's challenging thermal demands.

"BorgWarner is extremely proud to secure this contract and continue building upon our collaborative and long-standing relationship with this customer," said Dr. Stefan Demmerle, President and General Manager, BorgWarner PowerDrive Systems. "We are eager to continue providing scalable, energy efficient and sustainable mobility solutions to support our customers as they shift toward fully electrified vehicle technology."

The power-dense inverters use BorgWarner's Viper family of scalable power modules coupled with enhanced thermal designs to allow continuous operation at 70% of peak current, whereas typical applications provide only 40-50% of peak current continuously. Additionally, the use of SiC power switches helps make these inverters more efficient than traditional silicon-based inverters.

BorgWarner's inverter performance, robustness, scalable design, overall value, customer relationship and global manufacturing footprint are all factors that led to the business win. The inverter's production is slated for 2024. 

About BorgWarner
BorgWarner Inc. (NYSE: BWA) is a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market. Building on its original equipment expertise, BorgWarner also brings market leading product and service solutions to the global aftermarket. With manufacturing and technical facilities in 93 locations in 22 countries, the company employs approximately 49,000 people worldwide. For more information, please visit borgwarner.com.

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You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Forward-looking statements are subject to risks and uncertainties, many of which are difficult to predict and generally beyond our control, that could cause actual results to differ materially from those expressed, projected or implied in or by the forward-looking statements. These risks and uncertainties, among others, include: supply disruptions impacting us or our customers, such as the current shortage of semiconductor chips that has impacted original equipment manufacturer ("OEM") customers and their suppliers, including us; commodities availability and pricing; competitive challenges from existing and new competitors including OEM customers; the challenges associated with rapidly-changing technologies, particularly as relates to electric vehicles, and our ability to innovate in response; uncertainties regarding the extent and duration of impacts of matters associated with the COVID-19 pandemic including additional production disruptions; the difficulty in forecasting demand for electric vehicles and our electric vehicles revenue growth to 2030; the ability to identify targets and consummate acquisitions on acceptable terms; failure to realize the expected benefits of acquisitions on a timely basis, including our recent acquisition of AKASOL and our 2020 acquisition of Delphi Technologies PLC; the ability to identify appropriate combustion portfolio businesses for disposition and consummate planned dispositions on acceptable terms; the failure to promptly and effectively integrate acquired businesses; the potential for unknown or inestimable liabilities relating to acquired businesses; our dependence on automotive and truck production, both of which are highly cyclical and subject to disruptions; our reliance on major OEM customers; fluctuations in interest rates and foreign currency exchange rates; our dependence on information systems; the uncertainty of the global economic environment; the outcome of existing or any future legal proceedings, including litigation with respect to various claims; future changes in laws and regulations, including, by way of example, tariffs, in the countries in which we operate; and the other risks, including, by way of example, pandemics and quarantines, noted in reports that we file with the Securities and Exchange Commission, including Item 1A, "Risk Factors" in our most recently-filed Form 10-K and/or Quarterly Report on Form 10-Q. We do not undertake any obligation to update or announce publicly any updates to or revisions to any of the forward-looking statements in this press release to reflect any change in our expectations or any change in events, conditions, circumstances, or assumptions underlying the statements.

SOURCE BorgWarner

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