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BorgWarner to Provide New Silicon Carbide Inverter for German OEM's Electric Vehicles

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  • BWA

- German OEM to deploy BorgWarner's new 800V silicon carbide (SiC) inverter for future EVs

- Improved efficiency and smaller packaging offer design advantages

- Consumers benefit from optimized range and performance

AUBURN HILLS, Mich., Nov. 3, 2021 /PRNewswire/ -- BorgWarner will be providing a new, high-voltage silicon carbide (SiC) inverter to a large German automaker for implementation in its next-generation electric vehicles. The BorgWarner 800V SiC inverter with proprietary power switches provides a more compact and efficient power module, resulting in higher electric vehicle range and enhanced driving performance.

With its SiC inverter, BorgWarner supports OEMs in building high-voltage electric vehicles that offer excellent performance and increased range.
With its SiC inverter, BorgWarner supports OEMs in building high-voltage electric vehicles that offer excellent performance and increased range.

"We are pleased to have won yet another SiC inverter contract and are proud to enter the next stage of a long-standing cooperation with this manufacturer," said Dr. Stefan Demmerle, President and General Manager, BorgWarner PowerDrive Systems. "Our SiC inverter, with its new state of the art power module, can be a game changer for automakers since the new technology offers enhanced power density, proven performance, and long-term reliability."

The SiC inverter uses a scalable power switch for 800V systems, allowing it to be optimized for a variety of customer applications at different power levels. The SiC design builds on BorgWarner's proven cooling technology that enables a reduced semiconductor area for cost-effectiveness. Additionally, the system offers greater durability and enhanced packaging thanks to its compact, patented power switch that is cooled on both sides and uses no wire bonds. The silicon IGBTs in the modular power switch have been replaced by SiC transistors. Because SiC has higher switching efficiency and fewer conduction losses, BorgWarner's new SiC inverter has reduced power losses of 40% to 70% as compared to silicon-based based inverters, depending on the drive cycle.

The inverter, with its higher power density and higher efficiency, allows OEMs to design 800V high-power propulsion systems that are characterized by enhanced driving performance, longer battery electric ranges, and faster charging times. These enhancements can ultimately further efforts to broaden consumer acceptance of electric mobility.

As part of its Charging Forward initiative, BorgWarner is accelerating the company's electrification strategy and has announced plans to grow electric vehicle revenues to approximately 45% by 2030, along with a commitment to achieve carbon neutrality by 2035.

About BorgWarner
BorgWarner Inc. (NYSE: BWA) is a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market. Building on its original equipment expertise, BorgWarner also brings market-leading product and service solutions to the global aftermarket. With manufacturing and technical facilities in 96 locations in 22 countries, the company employs approximately 50,000 people worldwide. For more information, please visit borgwarner.com.

Forward-Looking Statements: his presentation may contain forward-looking statements as contemplated by the 1995 Private Securities Litigation Reform Act that are based on management's current outlook, expectations, estimates and projections. Words such as "anticipates," "believes," "continues," "could," "designed," "effect," "estimates," "evaluates," "expects," "forecasts," "goal," "guidance," "initiative," "intends," "may," "outlook," "plans," "potential," "predicts," "project," "pursue," "seek," "should," "target," "when," "will," "would," and variations of such words and similar expressions are intended to identify such forward-looking statements. Further, all statements, other than statements of historical fact contained or incorporated by reference in this presentation that we expect or anticipate will or may occur in the future regarding our financial position, business strategy and measures to implement that strategy, including changes to operations, competitive strengths, goals, expansion and growth of our business and operations, plans, references to future success and other such matters, are forward-looking statements. Accounting estimates, such as those described under the heading "Critical Accounting Policies and Estimates" in Item 7 of our Annual Report on Form 10-K for the year ended December 31, 2020 ("Form 10-K"), are inherently forward-looking. All forward-looking statements are based on assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate under the circumstances. Forward-looking statements are not guarantees of performance, and the Company's actual results may differ materially from those expressed, projected or implied in or by the forward-looking statements.

You should not place undue reliance on these forward-looking statements, which speak only as of the date of this presentation. Forward-looking statements are subject to risks and uncertainties, many of which are difficult to predict and generally beyond our control, that could cause actual results to differ materially from those expressed, projected or implied in or by the forward-looking statements. These risks and uncertainties, among others, include: supply disruptions impacting the us or our customers, such as the current shortage of semiconductor chips that has impacted original equipment manufacturer ("OEM") customers and their suppliers, including us; commodities availability and pricing; competitive challenges from existing and new competitors including OEM customers; the challenges associated with rapidly-changing technologies, particularly as relates to electric vehicles, and our ability to innovate in response; uncertainties regarding the extent and duration of impacts of matters associated with the COVID-19 pandemic including additional production disruptions; the failure to realize the expected benefits of the acquisition of Delphi Technologies PLC that we completed on October 1, 2020; the failure to realize the expected benefits of the acquisition of AKASOL or a delay in the ability to realize those benefits; the failure to successfully execute on a timely basis our taking private strategy with respect to AKASOL; the difficulty in forecasting demand for electric vehicles and our electric vehicles revenue growth to 2030; the ability to identify targets and consummate acquisitions on acceptable terms; failure to realize the expected benefits of acquisitions; the ability to identify appropriate combustion portfolio businesses for disposition and consummate planned dispositions on acceptable terms; the failure to promptly and effectively integrate acquired businesses; the potential for unknown or inestimable liabilities relating to acquired businesses; our dependence on automotive and truck production, both of which are highly cyclical and subject to disruptions; our reliance on major OEM customers; fluctuations in interest rates and foreign currency exchange rates; availability of credit; our dependence on key management; our dependence on information systems; the uncertainty of the global economic environment; the outcome of existing or any future legal proceedings, including litigation with respect to various claims; future changes in laws and regulations, including, by way of example, tariffs, in the countries in which we operate; impacts from any potential future acquisition or divestiture transactions; and the other risks, including, by way of example, pandemics and quarantines, noted in reports that we file with the Securities and Exchange Commission, including Item 1A, "Risk Factors" in our most recently-filed Annual Report on Form 10-K and/or Quarterly Report on Form 10-Q. We do not undertake any obligation to update or announce publicly any updates to or revisions to any of the forward-looking statements in this presentation to reflect any change in our expectations or any change in events, conditions, circumstances, or assumptions underlying the statements.

BorgWarner Logo (PRNewsfoto/BorgWarner)
BorgWarner Logo (PRNewsfoto/BorgWarner)
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