www.marketwatch.com Open in urlscan Pro
143.204.98.61  Public Scan

Form analysis
0 forms found in the DOM

Text Content

Skip to main content

Advertisement

 * Home
 * Latest News
 * Watchlist
 * Market Data Center
    * U.S.
    * Cryptocurrency
    * Europe
    * Rates
    * Asia
    * Futures
    * Currencies

 * Markets
    * U.S. Markets
    * Canada
    * Europe & Middle East
    * Asia
    * Emerging Markets
    * Latin America
    * Market Data

 * Investing
    * Barron's
    * Best New Ideas
    * Stocks
    * IPOs
    * Mutual Funds
    * ETFs
    * Options
    * Bonds
    * Commodities
    * Currencies
    * Cryptocurrencies
    * Futures
    * Financial Adviser Center
    * Cannabis
    * Newswires

 * Barron's
 * Economy & Politics
    * Washington Watch
    * Inflation
    * Coronavirus
    * The Federal Reserve
    * Economic Report
    * Rex Nutting
    * U.S. Economic Calendar
    * Coronavirus Recovery Tracker

 * Personal Finance
    * The Moneyist
    * Spending & Saving
    * Retirement
    * TaxWatch
    * Credit Cards
    * Careers
    * Travel
    * Real Estate
    * Real Estate Listings

 * Retirement
    * Best New Ideas in Retirement
    * Estate Planning
    * Help Me Retire
    * FIRE
    * Taxes
    * Social Security
    * Real Estate
    * Retirement Calculator
    * NewRetirement Planner
    * Where Should I Retire
    * Best Places

 * How to Invest
 * Virtual Stock Exchange
 * Video
    * SectorWatch
    * The Moneyist
    * Getting to Work With
    * Love & Money
    * Explainomics
    * Good Company

 * Podcasts
 * Live Events
 * Picks
    * Food & Wine
    * Home & Kitchen
    * Health & Fitness
    * Fashion & Beauty
    * Loans & Mortgages
    * Money
    * Travel
    * Gifts
    * Technology
    * Real Estate
    * Amazon Prime Day
    * Black Friday
    * Guides

 * Opinion
 * Investor's Business Daily
    * Leaderboard
    * SwingTrader
    * MarketSmith
    * IBDLive

 * Newsletter Center
 * Research & Tools
    * Watchlist
    * Mortgage Calculator
    * Multiple Quotes Tool
    * Stock Screener
    * Earnings Calendar
    * Market Screener
    * IPO Calendar
    * Short Interest
    * Premarket Screener
    * Options Calendar
    * After Hours Screener
    * Currency Tools
    * Mutual Fund Screener
    * Upgrades & Downgrades
    * Mutual Fund Comparison
    * Economic Calendar
    * Where Should I Retire?
    * Savings Accounts
    * Retirement Planner
    * CDs
    * Mortgage Rates

Sign Up Log In
 * Profile Settings
 * Watchlist
 * Email & Alerts
 * Games


MARKETWATCH SITE LOGO A LINK THAT BRINGS YOU BACK TO THE HOMEPAGE.

 * Latest
 * Coronavirus
 * Watchlist
 * Markets
 * Investing
 * Barron's
 * Personal Finance
 * Economy
 * Retirement
 * How to Invest
 * Video Center
 * Live Events
 * MarketWatch Picks
 * More
   Latest Coronavirus Watchlist Markets Investing Barron's Personal Finance
   Economy Retirement How to Invest Video Center Live Events MarketWatch Picks


 * Account Settings
 * Log In
 * Sign Up


Advertisement



Advertisement
 1. Home


PRESS RELEASE


BORGWARNER TO PROVIDE NEW SILICON CARBIDE INVERTER FOR GERMAN OEM'S ELECTRIC
VEHICLES

Published: Nov. 3, 2021 at 8:45 a.m. ET

  comments








 * Email icon
 * Facebook icon
 * Twitter icon
 * Linkedin icon
 * Flipboard icon

 * Print icon
 * Resize icon

The MarketWatch News Department was not involved in the creation of this
content.



AUBURN HILLS, Mich., Nov. 3, 2021 /PRNewswire via COMTEX/ -- AUBURN HILLS,
Mich., Nov. 3, 2021 /PRNewswire/ -- BorgWarner will be providing a new,
high-voltage silicon carbide (SiC) inverter to a large German automaker for
implementation in its next-generation electric vehicles. The BorgWarner 800V SiC
inverter with proprietary power switches provides a more compact and efficient
power module, resulting in higher electric vehicle range and enhanced driving
performance.




Advertisement

"We are pleased to have won yet another SiC inverter contract and are proud to
enter the next stage of a long-standing cooperation with this manufacturer,"
said Dr. Stefan Demmerle, President and General Manager, BorgWarner PowerDrive
Systems. "Our SiC inverter, with its new state of the art power module, can be a
game changer for automakers since the new technology offers enhanced power
density, proven performance, and long-term reliability."

The SiC inverter uses a scalable power switch for 800V systems, allowing it to
be optimized for a variety of customer applications at different power levels.
The SiC design builds on BorgWarner's proven cooling technology that enables a
reduced semiconductor area for cost-effectiveness. Additionally, the system
offers greater durability and enhanced packaging thanks to its compact, patented
power switch that is cooled on both sides and uses no wire bonds. The silicon
IGBTs in the modular power switch have been replaced by SiC transistors. 
Because SiC has higher switching efficiency and fewer conduction losses,
BorgWarner's new SiC inverter has reduced power losses of 40% to 70% as compared
to silicon-based based inverters, depending on the drive cycle.

The inverter, with its higher power density and higher efficiency, allows OEMs
to design 800V high-power propulsion systems that are characterized by enhanced
driving performance, longer battery electric ranges, and faster charging times.
These enhancements can ultimately further efforts to broaden consumer acceptance
of electric mobility.



As part of its Charging Forward initiative, BorgWarner is accelerating the
company's electrification strategy and has announced plans to grow electric
vehicle revenues to approximately 45% by 2030, along with a commitment to
achieve carbon neutrality by 2035.

About BorgWarner
BorgWarner Inc. (NYSE: BWA) is a global product leader in delivering innovative
and sustainable mobility solutions for the vehicle market. Building on its
original equipment expertise, BorgWarner also brings market-leading product and
service solutions to the global aftermarket. With manufacturing and technical
facilities in 96 locations in 22 countries, the company employs approximately
50,000 people worldwide. For more information, please visit borgwarner.com.

Forward-Looking Statements: his presentation may contain forward-looking
statements as contemplated by the 1995 Private Securities Litigation Reform Act
that are based on management's current outlook, expectations, estimates and
projections. Words such as "anticipates," "believes," "continues," "could,"
"designed," "effect," "estimates," "evaluates," "expects," "forecasts," "goal,"
"guidance," "initiative," "intends," "may," "outlook," "plans," "potential,"
"predicts," "project," "pursue," "seek," "should," "target," "when," "will,"
"would," and variations of such words and similar expressions are intended to
identify such forward-looking statements. Further, all statements, other than
statements of historical fact contained or incorporated by reference in this
presentation that we expect or anticipate will or may occur in the future
regarding our financial position, business strategy and measures to implement
that strategy, including changes to operations, competitive strengths, goals,
expansion and growth of our business and operations, plans, references to future
success and other such matters, are forward-looking statements. Accounting
estimates, such as those described under the heading "Critical Accounting
Policies and Estimates" in Item 7 of our Annual Report on Form 10-K for the year
ended December 31, 2020 ("Form 10-K"), are inherently forward-looking. All
forward-looking statements are based on assumptions and analyses made by us in
light of our experience and our perception of historical trends, current
conditions and expected future developments, as well as other factors we believe
are appropriate under the circumstances. Forward-looking statements are not
guarantees of performance, and the Company's actual results may differ
materially from those expressed, projected or implied in or by the
forward-looking statements.


Advertisement

You should not place undue reliance on these forward-looking statements, which
speak only as of the date of this presentation. Forward-looking statements are
subject to risks and uncertainties, many of which are difficult to predict and
generally beyond our control, that could cause actual results to differ
materially from those expressed, projected or implied in or by the
forward-looking statements. These risks and uncertainties, among others,
include: supply disruptions impacting the us or our customers, such as the
current shortage of semiconductor chips that has impacted original equipment
manufacturer ("OEM") customers and their suppliers, including us; commodities
availability and pricing; competitive challenges from existing and new
competitors including OEM customers; the challenges associated with
rapidly-changing technologies, particularly as relates to electric vehicles, and
our ability to innovate in response; uncertainties regarding the extent and
duration of impacts of matters associated with the COVID-19 pandemic including
additional production disruptions; the failure to realize the expected benefits
of the acquisition of Delphi Technologies PLC that we completed on October 1,
2020; the failure to realize the expected benefits of the acquisition of AKASOL
or a delay in the ability to realize those benefits; the failure to successfully
execute on a timely basis our taking private strategy with respect to AKASOL;
the difficulty in forecasting demand for electric vehicles and our electric
vehicles revenue growth to 2030; the ability to identify targets and consummate
acquisitions on acceptable terms; failure to realize the expected benefits of
acquisitions; the ability to identify appropriate combustion portfolio
businesses for disposition and consummate planned dispositions on acceptable
terms; the failure to promptly and effectively integrate acquired businesses;
the potential for unknown or inestimable liabilities relating to acquired
businesses; our dependence on automotive and truck production, both of which are
highly cyclical and subject to disruptions; our reliance on major OEM customers;
fluctuations in interest rates and foreign currency exchange rates; availability
of credit; our dependence on key management; our dependence on information
systems; the uncertainty of the global economic environment; the outcome of
existing or any future legal proceedings, including litigation with respect to
various claims; future changes in laws and regulations, including, by way of
example, tariffs, in the countries in which we operate; impacts from any
potential future acquisition or divestiture transactions; and the other risks,
including, by way of example, pandemics and quarantines, noted in reports that
we file with the Securities and Exchange Commission, including Item 1A, "Risk
Factors" in our most recently-filed Annual Report on Form 10-K and/or Quarterly
Report on Form 10-Q. We do not undertake any obligation to update or announce
publicly any updates to or revisions to any of the forward-looking statements in
this presentation to reflect any change in our expectations or any change in
events, conditions, circumstances, or assumptions underlying the statements.


Advertisement

 





View original content to download
multimedia:https://www.prnewswire.com/news-releases/borgwarner-to-provide-new-silicon-carbide-inverter-for-german-oems-electric-vehicles-301415110.html

SOURCE BorgWarner




COMTEX_396288179/2454/2021-11-03T08:45:12

Is there a problem with this press release? Contact the source provider Comtex
at editorial@comtex.com. You can also contact MarketWatch Customer Service via
our Customer Center.

Copyright (C) 2021 PR Newswire. All rights reserved

The MarketWatch News Department was not involved in the creation of this
content.


Advertisement
Community Guidelines • FAQs

Advertisement

Advertisement

PARTNER CENTER


Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

MOST POPULAR


Advertisement

I RENTED A 3-BEDROOM APARTMENT FOR $1,500 AND CHARGED MY ROOMMATES $800 PER
ROOM. I GOT A $100 CUT EACH MONTH. WAS I WRONG?

DEMOCRATS NOW WILL ‘CIRCLE THE WAGONS AND PASS’ SPENDING BILLS — ANALYSTS REACT
TO VIRGINIA, N.J. ELECTIONS

‘I JUST FEEL LIKE I’M BEHIND’: I’M 29 YEARS OLD. I HAVE $4,000 IN THE BANK AND A
$20,000 EMERGENCY FUND. AM I DOING OK FINANCIALLY?

WHY THE NEW TAX LAW CAUSED A 'PERFECT STORM' FOR ROTH IRA CONVERSIONS

‘IT’S REALLY A TOY’: ZILLOW CLOSES HOME-FLIPPING BUSINESS. WHAT DOES THAT SAY
ABOUT THE RELIABILITY OF ITS ZESTIMATE HOME-VALUATION TOOL?


Advertisement




PARTNER CONTENT




PARTNER CONTENT



Back to Top
MarketWatch logoGo to the homepage
Copyright © 2021 MarketWatch, Inc. All rights reserved.
By using this site you agree to the Subscriber Agreement & Terms of Use, 
Privacy Notice, and Cookie Notice.
 * Facebook
 * Twitter
 * Linkedin
 * 

 * MARKETWATCH

 * Customer Center
 * Contact Us
 * Newsroom Roster
 * Virtual Stock Exchange
 * BigCharts
 * Copyright Policy
 * Manage Notifications

 * COMPANY

 * Dow Jones
 * Code of Conduct
 * Corrections
 * Reprints & Licensing
 * Your Ad Choices
 * Corporate Subscriptions

 * DOW JONES NETWORK

 * The Wall Street Journal
 * Barron's
 * Financial News London
 * realtor.com
 * Mansion Global

Intraday Data provided by FACTSET and subject to terms of use. Historical and
current end-of-day data provided by FACTSET. All quotes are in local exchange
time. Real-time last sale data for U.S. stock quotes reflect trades reported
through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange
requirements.


Advanced Search Submit entry for keyword results

Advertisement



LISTINGS




COLUMNS




AUTHORS




TOPICS





PRIVATE

No results found