er for range-extended EVs and large SUVs (starting 2029). It also expanded a battery management system program for a global OEM from 2029. BorgWarner didn’t disclose contract values, so the payoff is still unclear.
Why should I care?
For markets: Suppliers are selling optionality, not a single future.
These wins underline why diversified suppliers matter when demand is uncertain – BorgWarner can serve hybrids, plug-in hybrids, battery EVs, and range-extended EVs across major regions. The repeated 800-volt awards also hint where engineering budgets are flowing, since higher-voltage systems can boost charging speeds and efficiency for heavier vehicles. But the ramp is far off and pricing is unknown, so investors will watch whether the awards turn into revenue and margins later in the decade.
Zooming out: Electrification is turning into a choose-your-own-adventure.
The shift away from pure gas is real, but it’s getting messier: hybrids still need advanced turbo tech, while range-extended EVs blend electric drivetrains with onboard generation. That complexity tends to favor firms that can supply a broader system – power electronics, drive modules, and battery controls – rather than a single part. For automakers, the next phase may be less about one “winner” and more about flexible platforms that fit different regions and price points.
