We aim to accelerate our electrification strategy, increase the revenue from electric vehicles, and achieve carbon neutrality by 2035 – for a clean, energy-efficient world. Follow our journey and read about our more than 130 years of expertise.
The intended spin-off is just the latest step in BorgWarner’s journey to electrification. Following completion of the intended separation, BorgWarner would consist of its current e-Propulsion & Drivetrain and Air Management segments. We believe this transaction positions the company to be a market leader in EV propulsion and allows us to focus resources on attractive organic and inorganic EV opportunities.
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In 1880 the Morse Equalizing Spring Company, a forerunner of Morse Chain, is founded. The Borg-Warner Corporation is formed in 1928. Founding companies include Borg & Beck, Marvel-Schebler, Warner Gear and Mechanics Universal Joint.