BorgWarner Inc.

Company Profile

Business Overview

-The Company is an automotive supplier specializing in manufacturing components and systems to improve the performance, efficiency and environmental qualities for powertrains of combustion, hybrid and electric vehicles.

-The Company is organized into four reporting segments as follows:

• Air Management: This segment develops and manufactures systems to improve fuel economy, reduce emissions and improve performance. Its products include turbochargers, eBoosters, eTurbos, timing systems, emission systems, thermal systems, battery modules, battery packs, and battery charging.
• e-Propulsion & Drivetrain: This segment develops and manufactures systems to meet the needs of increasing vehicle electrification, with technologies including rotating electrical components, power electronics, control modules, and friction and mechanical products for automatic transmissions and torque-management products.
• Fuel Injection: This segment develops and manufactures gasoline and diesel fuel injection components and systems, including pumps, injectors, fuel rail systems, and complete systems.
• Aftermarket: This segment sells products to independent aftermarket customers, primarily focusing on fuel injection products, electronics, engine management products, maintenance products, test equipment, and vehicle diagnostics.

-Following the Delphi Technologies acquisition in October 2020, the Company reorganized its management reporting structure. Previously, the Company reported its results under two reporting segments, Engine and Drivetrain, which are now combined for reporting purposes with portions of Delphi Technologies and referred to as Air Management and e-Propulsion & Drivetrain, respectively. The former Delphi Technologies Powertrain Products segment was integrated into the Air Management segment, and the former Delphi Technologies Electronics & Electrification segment was integrated into the e-Propulsion & Drivetrain segment. The remaining Delphi Technologies segments comprise two additional reporting segments, which are referred to as Fuel Injection and Aftermarket.

-On June 4, 2021, the Company completed the voluntary public takeover for the shares of AKASOL AG, resulting in the ownership of 89% of AKASOL’s outstanding shares. The Company paid approximately EUR 648 million in this transaction. The Company had purchased additional shares of AKASOL after the transaction, increasing its ownership to 93% by December 31, 2021. On February 10, 2022, the Company completed the registration of a merger squeeze initiated on August 2, 2021, resulting in 100% ownership of AKASOL. AKASOL’s operations have been integrated into the Company’s Air Management segment.

Competitors

• Bosch
• Denso
• Hitachi Astemo
• Magna
• Mitsubishi Electric
• Schaeffler
• Valeo
• Vitesco

Shareholders

-The Company is listed on the New York Stock Exchange.

Products

Combustion vehicle systems
-AWD Couplings
-AWD Transfer Cases
-Cross Axle Systems
-HY-VO® Driveline Chains
-Wastegate Turbochargers
-Variable Turbine Geometry (VTG)
-Multistage Turbocharging Systems
-Controllers
-Sensors
-EGR Systems
-EGR Modules
-Exhaust Heat Recovery Systems
-Fuel Injection Systems
-Fuel Handling
-High Energy Ignition Coils
-Metal/Ceramic Glow Plugs
-Starters & Alternators
-High Voltage Air Heaters
-High Voltage Coolant Heaters
-Fan
-Fan Drives
-Clutches and Dampers
-Transmission Control Systems
-Solenoids
-Stop-Start-Accumulator and E-Clutch Actuator
-Cam Torque Actuated (CTA) Phasers
-iCTA: Intelligent Cam Torque Actuation
-Torsional Assist (TA) Phasers
-Oil Pump Actuated (OPA) Phasers

Hybrid vehicle systems
-Controllers
-Sensors
-eBoosterⓇ Electrically Driven Compressor
-eTurbo Electrically Assisted Turbocharger
-eTurbocompound Turbine-driven, Water-cooled Generator for Commercial Vehicles
-Organic Rankine Cycle (ORC) Waste Heat Recovery System for Commercial Vehicles
-EGR Systems
-EGR Modules
-Exhaust Heat Recovery Systems
-Fuel Handling
-Fuel Injection Systems
-Motor Controllers
-DC/DC Converters
-P0 Hybrid Architecture
-P1 Hybrid Architecture

• HVH Series Electric Motor

-P2 Hybrid Architecture

• P2 On-Axis Hybrid Module
• P2 Off-Axis Hybrid Module
• HY-VO® Driveline Chains

-P3 Hybrid Architecture
-P4 Hybrid Architecture

• iDM: Integrated Drive Module

-Power Split (PS) Hybrid Architecture
-High Voltage Air Heaters
-High Voltage Coolant Heaters
-Fan
-Fan Drives

Electric vehicle systems
-Battery Modules
-Battery Packs
-Ultra-high energy battery systems for commercial vehicles
-High power and high energy battery systems for commercial vehicles
-Ultra-high power battery systems for commercial vehicles
-48V battery systems for commercial vehicles
-Controllers
-EV Transmissions
-HVH Series Electric Motor
-eAWD Drive Module 1 or 2 Speed
-On-Axis Electric Drive Module
-Integrated Drive Module eAxle
-Motor Controllers
-DC/DC Converters
-High Voltage Air Heaters
-High Voltage Coolant Heaters
-Fan
-Fan Drives

History

Supplemental Information 1

>>>Business Report FY ended Dec. 31, 2006
>>>Business Report FY ended Dec. 31, 2007
>>>Business Report FY ended Dec. 31, 2008
>>>Business Report FY ended Dec. 31, 2009
>>>Business Report FY ended Dec. 31, 2010
>>>Business Report FY ended Dec. 31, 2011
>>>Business Report FY ended Dec. 31, 2012
>>>Business Report FY ended Dec. 31, 2013
>>>Business Report FY ended Dec. 31, 2014
>>>Business Report FY ended Dec. 31, 2015
>>>Business Report FY ended Dec. 31, 2016
>>>Business Report FY ended Dec. 31, 2017
>>>Business Report FY ended Dec. 31, 2018
>>>Business Report FY ended Dec. 31, 2019
>>>Business Report FY ended Dec. 31, 2020

Archives of Past Exhibits

Note: A figure in brackets ( ) indicates a loss