BorgWarner eyes 10-20% CAGR in PowerDrive Business Unit over the next five years

Name: BorgWarner eyes 10-20% CAGR in PowerDrive Business Unit over the next five years
Uploaded: 2025-02-07T17:05:51+05:30
Description: 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.

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.

By Mayank Dhingra

07 Feb 2025

3067 Views

BorgWarner eyes 10-20% CAGR in PowerDrive Business Unit over the next five years

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.

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