BorgWarner eyes 10-20% CAGR in PowerDrive Business Unit over the next five years
Betting big on the growing demand for electrification components, BorgWarner, which offers a gamut of such technologies under its PowerDrive Systems business unit, is confident of strong future growth.
American Tier-1 major BorgWarner, which is ready with its range of technolgies and solutions for electrified powertrains, is betting big on the demand in the future. The company, which offers electrification solutions under its PowerDrive Systems business unit, is confident of strong growth.
In this conversation, Stefan Demmerele, VP, President, and GM, PowerDrive Systems, BorgWarner, reveals that the company envisions strong growth opportunities from electrification in the Indian market. While it strategises to offer both ICE and EV solutions to customers, the company expects PowerDrive Systems to register 10%-20% CAGR in the next five years.
VIDEO:
RELATED ARTICLES
VIDEO: India To Become World’s 3rd Largest Used Car Market By 2031 | Redseer Report Decoded
As India’s used-car market accelerates toward USD 78 billion by FY31, Redseer’s Kushal Bhatnagar explains the demand shi...
VIDEO: BKT’s India Push: Branding, Capacity Expansion & EV Readiness
BKT Senior President and Director Satish Sharma talks about the brand, what the government can do for the tyre industry ...
VIDEO: India's Auto Industry Confronts the Software-Defined Vehicle Era
Industry leaders from six organisations weigh in on how connected platforms, OTA updates, AI testing and digital twins a...


07 Feb 2025
2921 Views
Autocar Professional Bureau

Prerna Lidhoo