BorgWarner

BorgWarner

About BorgWarner

Simplify's Rating
Why BorgWarner is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Automotive & Transportation

Energy

Company Size

10,001+

Company Stage

IPO

Total Funding

$10.5M

Headquarters

Auburn Hills, Michigan

Founded

1928

Overview

💵
Funded Recently
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Simplify's Take

What believers are saying

  • BorgWarner secured four electric motor contracts with Chinese automakers, expanding market reach.
  • Hydrogen engine tech collaboration opens new market opportunities in sustainable vehicle solutions.
  • BorgWarner expects strong free cash flow and sales outgrowth in 2025.

What critics are saying

  • Closure of Michigan EV battery plants may lead to loss of expertise in EV sector.
  • Increased competition from Chinese automakers could pressure BorgWarner's market share.
  • Significant impairment charges indicate potential financial instability in key business units.

What makes BorgWarner unique

  • BorgWarner's Ultra-Short High-Voltage Hairpin eMotor tech enhances efficiency and reduces costs.
  • Collaboration with MAHLE Powertrain positions BorgWarner in sustainable heavy-duty vehicle solutions.
  • Participation in Bharat Mobility Expo 2025 shows commitment to the growing Indian market.

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Funding

Total Funding

$10.5M

Above

Industry Average

Funded Over

3 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Flexible Work Hours

Hybrid Work Options

Company News

Crain's Detroit Business
Feb 19th, 2025
BorgWarner to close EV battery plants, lay off 188

Automotive supplier BorgWarner is planning to close two plants in metro Detroit and lay off 188 workers under an electric vehicle battery business it acquired four years ago.

Automotive News
Feb 19th, 2025
BorgWarner to close 2 EV battery parts plants near Detroit, cut 188 jobs

BorgWarner to close 2 EV battery parts plants near detroit, cut 188 jobs.

La Noticia Digital
Feb 19th, 2025
Battery Giant's Exit Sparks Job Losses in Michigan

The decision to close Akasol's Michigan plants reflects a strategic pivot by BorgWarner.

WeDoAny
Feb 14th, 2025
Hydrogen Over Diesel? Why This Engine Tech Is Driving the Future of Heavy-Duty Vehicles

MAHLE Powertrain is collaborating with partners like BorgWarner, Cambustion, PHINIA, and Hartridge to bring scalable hydrogen solutions to market.

Autocar Professional
Feb 14th, 2025
BorgWarner Secures Four Electric Motor Contracts with Chinese Automakers

BorgWarner has introduced Ultra-Short High-Voltage Hairpin (S-HVH) eMotor technology to enhance efficiency and reduce manufacturing costs.

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