BorgWarner Extends Transfer Case Business With North American OEM, Securing Extensions On Two Transfer Case Contracts For Upcoming Vehicle Launches With New Platform Requirements
Portfolio Pulse from Benzinga Newsdesk
BorgWarner has secured extensions on two transfer case contracts with a major North American OEM for upcoming vehicle launches. The company will supply Electro-Mechanical On-Demand (EMOD) and Electric Shift-on-the-Fly (ESOF) transfer cases for combustion and hybrid passenger truck platforms, with production starting in 2027 and 2028.
October 31, 2024 | 12:14 pm
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BorgWarner has extended contracts with a major North American OEM to supply EMOD and ESOF transfer cases for new vehicle platforms, enhancing its position in the automotive market.
The extension of contracts with a major OEM indicates strong demand for BorgWarner's products, likely boosting its revenue and market position. The focus on new vehicle platforms aligns with industry trends towards hybrid and advanced automotive technologies.
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