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BorgWarner and Shaanxi Fast Auto Drive Group form joint venture · Endata

◂ Announcements

Feb 3, 2024ACQUISITIONChina

BorgWarner and Shaanxi Fast Auto Drive Group form joint venture

BorgWarner announced plans to form a joint venture with Shaanxi Fast Auto Drive Group to develop high-voltage inverter applications for heavy-duty trucks and off-road vehicles in China. The JV is expected to be established in Q1 2024, pending regulatory approval.

Status

Announced

Productshigh-voltage inverters

CompaniesBorgWarner partner Shaanxi Fast Auto Drive Group partner

Sectors#Automotive Components #Electrical Equipment

“This joint venture will support our business growth for power electronics in the electrified commercial vehicle market.”fleetequipmentmag.com

1 source
fleetequipmentmag.comBorgWarner announces JV with Chinese HD parts supplierMadeleine WinerFeb 3, 2024

Summarized from public sources; check the original articles before acting on it.

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