Feb 15, 2024 / 04:45PM GMT
Rod Avraham Lache - Wolfe Research, LLC - MD & Senior Analyst
We're going to kick off the next fireside chat with BorgWarner. So just to give you a little bit of an introduction. So BorgWarner is a $14 billion revenue company, historically driven by technologies that deliver greater efficiency in internal combustion, hybrid and electric vehicles. At a high level, about $2 billion of the company's $14 billion of revenue last year, around 15% was derived from EVs and Hybrids. That was expected to grow to about $2.7 billion this year, and potentially as much as $4.5 billion next year. So a huge amount of growth, and because BorgWarner has higher content on a hybrid or an EV versus internal combustion, the company will actually achieve net growth as the industry continues to shift towards electrification.
Joining us today, I'm very pleased to welcome the company's CEO, Fred Lissalde. CFO, Craig Aaron, is in the audience, Pat Nolan, who runs Investor Relations, is with me on the podium.
Borgwarner Inc at Wolfe Research Global Auto and Auto Tech Conference Transcript
Mar 03, 2024
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