Copyright FOURIN, Inc. 2022
BorgWarner Increases Product Supply to Chinese Automakers
US automobile parts manufacturer BorgWarner saw sales revenues in China decline 5.0% year-on-year to 1.71 billion US dollars in 2019 due to the slump in the Chinese automobile market. In 2019, China accounted for 17% of BorgWarner’s overall sales revenue, going up 4.0pp from 2015’s level. Against the backdrop of increasing electrification in the automobile industry, BorgWarner is strengthening its electrification business by expanding supply to Chinese manufacturers following the launch of its Wuhan plant in August 2018.
In recent years, BorgWarner has been strengthening sales to Chinese manufacturers with a focus on electrification parts. At the Shanghai auto show in April 2019, BorgWarner exhibited a cockpit and battery heater, onboard charger (OBC) and 3in1 eAxle of iDM (Intergrated Drive Module) for BEVs, P2 On Axle / Off Axle Hybrid System, motor generator with integrated electronics (MGI) and eTurbo for HEVs, and e-Booster for 48V system. In the following month, BorgWarner introduced its 3in1 eAxle’s iDM, P2 hybrid module and OBC among other technologies to Chinese electric vehicle manufacturer BAIC BJEV. In October 2019, BorgWarner announced that it will provide iDM to a Chinese NEV manufacturer. The unnamed company is believed to be BAIC BJEV. Mass production of iDM-equipped BEV models is scheduled to begin in 2020. In early 2019, BorgWarner concluded an agreement with Chinese automaker Changan Automobile to supply triple-clutch P2 drive modules and P2 electro-hydraulic control units for a next-generation HEV. Mass production of the Changan-brand model equipped with the above-mentioned products is scheduled begin in 2020.