BorgWarner has secured a contract to deliver its latest electric variable cam timing technology for use in a major global OEM’s four-cylinder engine. This business win highlights the first production of BorgWarner’s eVCT and is anticipated to significantly improve fuel economy and performance while reducing emissions. Start of production is slated for December 2024.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on BWA:
- BorgWarner initiated with a Buy at Spin-Off Research
- BorgWarner to acquire Eldor’s EHS business segment for EUR 75M
- BorgWarner to Acquire Eldor Corporation’s Electric Hybrid Systems Business Segment
- BorgWarner Announces Anticipated Completion Date of PHINIA Spin-Off
- BorgWarner expects to complete PHINIA spin-off on July 3