BorgWarner on track for ~$3.7B of electric vehicle revenue by 2025
Green Car Congress
AUGUST 7, 2022
Based on new business awards and actions announced to date, BorgWarner believes it is already on track to achieve approximately $3.7 billion of electric vehicle revenue by 2025. The company now expects its 2022 electric vehicle revenue to grow to approximately $850 million—more than double what it was in 2021. BorgWarner has been growing its electrification portfolio deliberately, starting with acquisition of Remy (motors) in 2015, followed by additions such as Sevcon (2017, power electron
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