Feb 15, 2022ACQUISITIONTianjin, China BorgWarner to acquire Santroll's light vehicle eMotor business
BorgWarner has signed an agreement to acquire Santroll Automotive Components, the eMotor business of Santroll, for up to ¥1.4 billion (approx. US$22 million). The acquisition is expected to close in late Q1 2022.
Productshairpin eMotorsconcentrated-winding eMotors
“The eMotor remains an important element of BorgWarner’s electric vehicle growth strategy.”borgwarner.com
- 4 sources
- borgwarner.comBorgWarner to Acquire Santroll’s Light Vehicle eMotor BusinessFeb 15, 2022
- electrive.comBorgWarner sells new components in China & Europe - electrive.comCarrie HampelFeb 16, 2022
- autotechinsight.spglobal.comBorgWarner to acquire China’s Santroll Automotive Components for over USD220 million - Automotive Technology Insight | Forecasts | Industry News | Supply ChainMar 14, 2022
- prnewswire.comBorgWarner Completes Acquisition of Santroll's Light Vehicle eMotor BusinessBorgWarnerApr 1, 2022
Summarized from public sources; check the original articles before acting on it.
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