"This award underscores our ability to win in highly contested markets by offering reliable, cost-effective solutions and long-term supply commitments," said Dr. Volker Weng, Vice President of BorgWarner Inc. and President and General Manager, Turbos and Thermal Technologies. "It reflects our strategic focus on supporting global OEMs with combustion engine technologies while others exit the space." BorgWarner's wastegate turbocharger technology offers a a robust and efficient solution designed for small- di ...

Core Insights - BorgWarner has secured a significant contract with a major East Asian OEM to supply turbochargers for a 1.6L engine, primarily for hybrid electric vehicle (HEV) SUV applications in Korea, reinforcing its position as a leading provider of boosting technology [1][2] Group 1: Contract Details - The contract highlights BorgWarner's commitment to delivering high-performance, efficient turbocharging solutions that support the customer's HEV growth strategy [2] - The turbocharger technology features advanced wastegate design, ensuring precise boost control across various engine loads and driving conditions, resulting in improved fuel economy and driving performance [2][3] Group 2: Technical Specifications - The turbocharger is designed for high thermal durability and mechanical robustness, ensuring long-term reliability under elevated exhaust gas temperatures typical of hybrid duty cycles [3] - Component-level design optimization minimizes friction and thermal losses, contributing to enhanced fuel economy and reduced emissions [3] Group 3: Production and Supply Chain - Production is scheduled to begin in 2027 at BorgWarner's Pyongtaek facility in Korea, ensuring localized support and supply chain efficiency for the regional market [3]

Core Insights - BorgWarner has secured a significant contract with a major Chinese OEM for electric motors, highlighting its strong position in China's rapidly growing NEV market [1][2] - The awarded motor features a platform-based design suitable for various NEV applications and utilizes an innovative ultra-short hairpin welding process to enhance space efficiency [1][6] - BorgWarner is expanding its motor operations in China, including a new manufacturing base in Wuhu, which will increase motor capacity and support scalable delivery [2][6] Company Developments - The partnership with the Chinese OEM has lasted nearly a decade, indicating a strong and ongoing relationship [2] - BorgWarner's commitment to delivering efficient motor solutions aligns with the electrification trends in the automotive industry [2][3] - The new Wuhu facility will feature intelligent manufacturing lines capable of producing multiple motor platforms, enhancing operational efficiency [2][6] Industry Context - The NEV market in China is experiencing rapid growth, creating opportunities for companies like BorgWarner to leverage their technological advantages [2] - The demand for electric motors is increasing as the automotive industry shifts towards electrification, positioning BorgWarner favorably in this evolving landscape [2][3]

Core Viewpoint - BorgWarner has secured a new contract to supply dual inverters to a major Chinese OEM for hybrid vehicles, marking an extension of their partnership initiated in 2021, with mass production expected to start by the end of 2025 [1] Group 1: Contract and Collaboration - The new contract signifies a new phase of collaboration in the new energy vehicle sector, highlighting BorgWarner's commitment to innovative electrification solutions in China's rapidly evolving NEV market [1][6] - The dual inverter technology allows for synchronous control of dual motors through a single controller, enhancing packaging flexibility and installation convenience [1] Group 2: Technology Advancements - BorgWarner's dual inverter technology reduces thermal resistance by up to 50% compared to single-sided cooling, significantly enhancing power density and ensuring compliance with stringent China light-duty vehicle test cycle (CLTC) efficiency standards [2] - The third-generation production model features a high-performance single chip for DC-DC conversion and dual motor control, while the fourth-generation model integrates a boost converter and dual inverters, catering to diverse hybrid vehicle platform demands [3]

AUBURN HILLS, Mich., July 31, 2025 /PRNewswire/ -- BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions, has secured contracts with two major, global original equipment manufacturers (OEMs) to supply high-voltage coolant heater (HVCH) technology for plug-in hybrid electric vehicle (PHEV) platforms. BorgWarner has been awarded contracts by two major OEMs to supply its high-voltage coolant heater (HVCH) technology on a range of plug-in hybrid electric vehicle platfor ...

Core Insights - BorgWarner Inc. has reported a 1% increase in U.S. GAAP net sales for Q2 2025, reaching $3,638 million, with light vehicle eProduct sales growing by 31% year-over-year [6][7] - The company has increased its full-year 2025 guidance for net sales to a range of $14.0 billion to $14.4 billion, up from the previous range of $13.6 billion to $14.2 billion, driven by higher industry production expectations and favorable foreign exchange impacts [8][9] - BorgWarner's Board of Directors has authorized a 55% increase in its quarterly cash dividend per share and a $1 billion share repurchase program through 2028 [6][9] Financial Performance - U.S. GAAP net earnings for Q2 2025 were $224 million, or $1.03 per diluted share, compared to $315 million, or $1.39 per diluted share in Q2 2024 [7][16] - Adjusted net earnings per diluted share for Q2 2025 were $1.21, a 2% increase from $1.19 in Q2 2024, primarily due to a lower share count [7][8] - The company achieved a U.S. GAAP operating margin of 7.9% in Q2 2025, with an adjusted operating margin of 10.3% [6][9] Business Developments - BorgWarner secured multiple new business awards, including turbocharger and electric motor contracts with major global OEMs, expected to support long-term profitable growth [3][6] - Production for several new contracts is anticipated to begin between 2025 and 2028, indicating a strong pipeline for future revenue [6][9] Guidance and Expectations - The company expects its U.S. GAAP operating margin for 2025 to be in the range of 8.3% to 8.5%, with adjusted operating margin projected between 10.1% and 10.3% [9] - Net earnings for 2025 are expected to be in the range of $3.80 to $3.97 per diluted share, with adjusted net earnings projected between $4.45 and $4.65 per diluted share [9][8]

Core Viewpoint - BorgWarner Inc. has declared a quarterly cash dividend of $0.17 per share, marking a significant 55% increase from the previous dividend rate [1]. Group 1: Dividend Announcement - The Board of Directors of BorgWarner Inc. announced a quarterly cash dividend of $0.17 per share of common stock [1]. - The dividend represents a 55% increase compared to the previous per share dividend rate [1]. - The dividend is scheduled to be payable on September 15, 2025, to stockholders of record on September 2, 2025 [1]. Group 2: Company Overview - BorgWarner Inc. has been a transformative global product leader for over 130 years [2]. - The company focuses on accelerating the transition to eMobility, aiming to contribute to a cleaner, healthier, and safer future [2].

Core Points - BorgWarner has been recognized on the Forbes list of America's Best Employers for Women 2025 for the second consecutive year, highlighting its commitment to inclusion and equity [1][3][4] - The recognition is based on data collected from over 140,000 women working in U.S. companies with at least 1,000 employees, focusing on leadership diversity and workplace culture [2][4] - BorgWarner's initiatives include increasing representation, creating inclusive policies, and implementing training programs to support women in the workplace [4] Company Overview - BorgWarner has over 130 years of experience as a global product leader in mobility innovation, focusing on sustainability and a cleaner future [5]

Core Viewpoint - BorgWarner is positioned to potentially continue its earnings-beat streak in upcoming reports, having surpassed earnings estimates consistently in recent quarters [1][5]. Earnings Performance - In the most recent quarter, BorgWarner reported earnings of $0.98 per share, missing the expected $1.11 per share by 13.27%. In the previous quarter, it exceeded the consensus estimate of $0.92 per share by reporting $1.01 per share, resulting in a surprise of 9.78% [2]. Earnings Estimates and Predictions - BorgWarner's earnings estimates have been trending higher, supported by its history of earnings surprises. The company currently has a positive Zacks Earnings ESP of +11.20%, indicating bullish sentiment among analysts regarding its earnings prospects [5][8]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat, with historical data showing that stocks with this combination beat estimates nearly 70% of the time [6][8]. Earnings ESP Explanation - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions. This metric is crucial for predicting earnings performance [7][9].

Core Points - BorgWarner has been recognized in the second edition of the World's Most Sustainable Companies 2025 by TIME and Statista Inc, highlighting its commitment to sustainability [1][2] - The recognition is based on over 20 key performance indicators related to sustainability, with BorgWarner being among the top 500 out of over 5,000 assessed companies [2][3] Company Overview - BorgWarner has over 130 years of experience as a global product leader in mobility innovation, focusing on sustainability to create a cleaner and safer future [4]