Tag: Financial Results

BorgWarner to Deliver High Voltage Coolant Heaters to Global Automotive Supplier for Series of OEM EV Platforms

BorgWarner to supply a global automotive thermal and energy management solutions supplier with high voltage coolant heaters (HVCH) for use on a series of EV platforms produced by a major OEM HVCH regulates battery pack temperature and cabin heating in EV AUBURN HILLS, Mich., Aug. 2, 2023 /PRNewswire/ — BorgWarner has secured a contract with… Continue reading BorgWarner to Deliver High Voltage Coolant Heaters to Global Automotive Supplier for Series of OEM EV Platforms

BorgWarner Starts to Supply Li Auto New Energy Vehicles with Integrated Drive Module

Highlights BorgWarner’s first integrated drive module (iDM) business in China The iDM220 provides over 200 kW of maximum power System available as a fully integrated module or stand-alone solutions AUBURN HILLS, Mich., Aug. 2, 2023 /PRNewswire/ — BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions, is supplying Li Auto its advanced integrated… Continue reading BorgWarner Starts to Supply Li Auto New Energy Vehicles with Integrated Drive Module

BorgWarner to Supply Integrated Drive Module for Leading Chinese OEM’s Hybrid Vehicles

BorgWarner’s integrated drive module (iDM) meets hybrid system needs Technology demonstrates BorgWarner’s leadership in the field of e-Propulsion systems Integration of technologies offers cost savings AUBURN HILLS, Mich., Aug. 2, 2023 /PRNewswire/ — BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions, has announced it will supply a new integrated drive module (iDM)… Continue reading BorgWarner to Supply Integrated Drive Module for Leading Chinese OEM’s Hybrid Vehicles

Jerry Makes American Drivers Carsmart: AllCar™ App Doubles Services to Inform Drivers and Increase Safety with Launch of GarageGuard™ and DriveShield™

Propelled by $110M in funding, AI-powered app adds free repair, maintenance and safety services PALO ALTO, Calif., Aug. 2, 2023 /PRNewswire/ — What’s the news: Jerry, the AllCar™ app, adds GarageGuard™ and DriveShield™ to its services that make it easy to manage all things car. GarageGuard™ is the WebMD for your car, diagnosing issues, reminding you of… Continue reading Jerry Makes American Drivers Carsmart: AllCar™ App Doubles Services to Inform Drivers and Increase Safety with Launch of GarageGuard™ and DriveShield™

@Ferrari: Ferrari Upgrades 2023 Guidance on Exceptional Q2 2023 Results and Business Outlook000325

FERRARI UPGRADES 2023 GUIDANCE ON EXCEPTIONAL Q2 2023 RESULTS AND BUSINESS OUTLOOK Maranello (Italy), August 2, 2023 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announces its consolidated preliminary results for the second quarter and six months ended June 30, 2023: Net revenues of Euro 1,474 million, up 14.1% versus prior year, with… Continue reading @Ferrari: Ferrari Upgrades 2023 Guidance on Exceptional Q2 2023 Results and Business Outlook000325

Kemi Badenoch casts doubt on electric car targets over job loss fears

Kemi Badenoch would consider ‘easing’ the problem of carmakers selling more electric vehicles, her spokesperson said. Photograph: Anadolu Agency/Getty Images Kemi Badenoch would consider ‘easing’ the problem of carmakers selling more electric vehicles, her spokesperson said. Photograph: Anadolu Agency/Getty Images Kemi Badenoch casts doubt on electric car targets over job loss fears Mandate for carmakers… Continue reading Kemi Badenoch casts doubt on electric car targets over job loss fears