Mexican Media Brands
BorgWarner Ponders Big Move into Electronics
CEO James Verrier says powertrain supplier BorgWarner Inc. would consider spending as much as $1 billion to expand its capabilities in power management electronics.
#electronics
Share
CEO James Verrier says powertrain supplier BorgWarner Inc. would consider spending as much as $1 billion to expand its capabilities in power management electronics.
Verrier tells Bloomberg News the Auburn Hills, Mich.-based company also would be “very open” to “even electronics in a broader sense.”
Next year BorgWarner will begin supplying an undisclosed Chinese carmaker with a hybrid transmission that includes an electric propulsion motor. The system was developed by Remy International Inc., which BorgWarner acquired in July 2015 for $950 million.
RELATED CONTENT
-
Magna Advances Seating Configurations
Magna International is focusing on electrification, autonomy and smart mobility. This is taking the form of things ranging from an electrified system for rear axles (eDrive 1.0) to a collaborative arrangement with Lyft, which includes the co-development and manufacture of self-driving systems.
-
Internal Combustion Engines’ Continued Domination (?)
According to a new research study by Deutsche Bank, “PCOT III: Revisiting the Outlook for Powertrain Technology” (that’s “Pricing the Car of Tomorrow”), to twist a phrase from Mark Twain, it seems that the reports of the internal combustion engine’s eminent death are greatly exaggerated.
-
Honda Re-Imagines and Re-Engineers the Ridgeline
When Honda announced the first-generation Ridgeline in 2005, it opened the press release describing the vehicle: “The Honda Ridgeline re-defines what a truck can be with its true half-ton bed payload capability, an interior similar to a full-size truck and the exterior length of a compact truck.” And all that said, people simply couldn’t get over the way there is a diagonal piece, a sail-shaped buttress, between the cab and the box.