BorgWarner Strengthens eMotor Business With XPeng; Production Began January 2024 For Use On XPeng's X9 MPV
Portfolio Pulse from Benzinga Newsdesk
BorgWarner has initiated production of eMotor rotor and stator for XPeng Motors, targeting the X9 MPV and a future B-class sedan. The HVH220 eMotor, featuring high power and efficiency, began production in January 2024. This collaboration aims to enhance China's electric vehicle industry, with BorgWarner's technology offering up to 300kW power and over 97% efficiency.
February 08, 2024 | 1:07 pm
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POSITIVE IMPACT
BorgWarner begins eMotor production for XPeng, enhancing its position in the electric vehicle market with the HVH220 eMotor.
The initiation of eMotor production for XPeng signifies a strategic partnership and technological advancement for BorgWarner, likely boosting investor confidence and potentially increasing stock value in the short term.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
XPeng partners with BorgWarner for the production of eMotor rotor and stator for its X9 MPV and future B-class sedan, indicating progress in its EV offerings.
XPeng's collaboration with BorgWarner for its eMotor technology not only enhances its product lineup but also strengthens its position in the competitive EV market, potentially positively impacting its stock price.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 80