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BorgWarner (BWA) agrees to form a joint venture with Shaanxi to expand its product portfolio for electric commercial vehicles.

BorgWarner pushes further into the China EV market

07:34am, Wednesday, 10'th Jan 2024
BorgWarner Inc. is making a further push into China's electric-vehicle market, as it announced Wednesday the forming a joint venture with commercial EV parts supplier Shaanxi Fast Auto Group.
BorgWarner is a well-positioned automotive company with a wide economic moat and a focus on innovation in the EV parts and solutions market. The company has a strong financial situation, with positive
AUBURN HILLS, Mich. , Jan. 3, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast: What:                BorgWarner 2023 Fourth Quarter and Full Year Results Confer
Phinia Inc. recently reported lower-than-expected EPS GAAP, but the stock is undervalued and trades at close to 4x EBITDA. The company's recent spinoff from a larger corporation, BorgWarner, may be ov
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BWA's revenue has grown at an impressive CAGR of 9%, driven by a business model transition toward EV products. The company has acquired and developed the expertise required to be a market-leading play
Shares of BorgWarner Inc. plunged Thursday after the automotive-products maker missed third-quarter revenue expectations and cut its full-year outlook for sales of electric-vehicle products.
For full-year 2023, BorgWarner (BWA) anticipates net sales within $14.1-$14.3 billion, down from prior guidance of $14.2-$14.6 billion but indicating a year-over-year increase in organic sales of 12-1
Auto parts supplier BorgWarner cut its full-year revenue forecast on Thursday as it expects to take a hit from foreign currency fluctuations, including a weakening Chinese yuan.
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In the latest trading session, BorgWarner (BWA) closed at $39.97, marking a +0.53% move from the previous day.
UAW strike intensifies, affecting the U.S. auto industry, legacy automakers, suppliers, and the steel industry. Tesla and other non-unionized manufacturers may gain, but consumers may feel the pinch i
BorgWarner is aggressively moving towards an EV-based offering to tap into the growing market, after the company changed its strategy in 2021. The company has completed multiple acquisitions to accele
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