- Contracts for two different exhaust gas recirculation (EGR)
coolers awarded
- Result of strong relationship development and technology
leadership
- Proprietary compact floating core architecture enables high
levels of reliability, extends product life
AUBURN
HILLS, Mich., July 31,
2024 /PRNewswire/ -- BorgWarner, a global
product leader in delivering innovative and sustainable mobility
solutions, is boosting its thermal management product business by
securing exhaust gas recirculation (EGR) cooler contracts with a
prominent, North America based
commercial vehicle (CV) customer. The company's emissions-reducing
EGR solution offers high robustness against thermal fatigue and an
optimized internal design requiring less coolant flow from the
engine. Start of production is planned for Q4 2027 with
implementation across various CV applications.
"We continue to see tremendous interest in our EGR product
portfolio, including coolers, valves and modules, that support
increased fuel economy needs and stringent emission requirements
across the world," said Dr. Volker
Weng, Vice President of BorgWarner Inc. and President and
General Manager, Turbos and Thermal Technologies. "These recent
program awards are a natural extension of the close working
relationship our team has built with this customer and reflect
BorgWarner's leadership position in the market as well as our
historically strong performance with similar applications."
To support the cooling needs across different engine sizes,
BorgWarner is delivering two variations of its durable EGR cooler –
one with a proprietary compact floating core (CFC) architecture,
and the other using a compact monoblock architecture core to better
meet tighter packaging constraints. Developed by BorgWarner to
handle the stresses caused by large thermal changes expected in CV
engine applications, the CFC enables extended life and reliability.
Additionally, by combining hybrid tube heat transfer technology
that provides a high level of thermal efficiency with a floating
inner core, the CFC architecture achieves a high level of
durability in a compact package resulting in less thermal fatigue.
Its monoblock architecture is a cost-optimized solution used for
many passenger car and mid-range applications to meet target
reliability.
BorgWarner's modular EGR cooler family includes four flexible
designs that span engine sizes from 2.0 to 16.0-liter displacement.
With the exception of the housing and mounting fixtures, the
coolers allow for standardization of most of the core components,
increasing ease of adapting the technology from one application to
another. Since introducing the technology to the market, the
company has delivered more than 1 million EGR coolers and created
advanced modeling tools to optimize designs, prevent localized
boiling and enhance performance.
About BorgWarner
For more than 130 years, BorgWarner
has been a transformative global product leader bringing successful
mobility innovation to market. With a focus on sustainability,
we're helping to build a cleaner, healthier, safer future for
all.
Forward-Looking Statements: This press release may
contain forward-looking statements as contemplated by the 1995
Private Securities Litigation Reform Act that are based on
management's current outlook, expectations, estimates and
projections. Words such as "anticipates," "believes," "continues,"
"could," "designed," "effect," "estimates," "evaluates," "expects,"
"forecasts," "goal," "guidance," "initiative," "intends," "may,"
"outlook," "plans," "potential," "predicts," "project," "pursue,"
"seek," "should," "target," "when," "will," "would," and variations
of such words and similar expressions are intended to identify such
forward-looking statements. Further, all statements, other than
statements of historical fact, contained in this press release
regarding matters that we expect or anticipate will or may occur in
the future regarding our financial position, business strategy and
measures to implement that strategy, including changes to
operations, competitive strengths, goals, expansion and growth of
our business and operations, plans, references to future success
and other such matters, are forward-looking statements. All
forward-looking statements are based on assumptions and analyses
made by us in light of our experience and our perception of
historical trends, current conditions and expected future
developments, as well as other factors we believe are appropriate
in the circumstances. Forward-looking statements are not guarantees
of performance, and the Company's actual results may differ
materially from those expressed, projected, or implied in or by the
forward-looking statements.
You should not place undue reliance on these forward-looking
statements, which speak only as of the date of this press release.
Forward-looking statements are subject to risks and uncertainties,
many of which are difficult to predict and generally beyond our
control, that could cause actual results to differ materially from
those expressed, projected or implied in or by the forward-looking
statements. These risks and uncertainties, among others, include
supply disruptions impacting us or our customers, commodity
availability and pricing, and an inability to achieve expected
levels of recoverability in commercial negotiations with customers
concerning these costs; competitive challenges from existing and
new competitors, including original equipment manufacturer ("OEM")
customers; the challenges associated with rapidly changing
technologies, particularly as they relate to electric vehicles, and
our ability to innovate in response; the difficulty in forecasting
demand for electric vehicles and our electric vehicles revenue
growth; potential disruptions in the global economy caused by wars
or other geopolitical conflicts; the ability to identify targets
and consummate acquisitions on acceptable terms; failure to realize
the expected benefits of acquisitions on a timely basis; the
possibility that our 2023 tax-free spin-off of our former Fuel
Systems and Aftermarket segments into a separate publicly traded
company will not achieve its intended benefits; the failure to
promptly and effectively integrate acquired businesses; the
potential for unknown or inestimable liabilities relating to the
acquired businesses; our dependence on automotive and truck
production, which is highly cyclical and subject to disruptions;
our reliance on major OEM customers; impacts of any future strikes
involving any of our OEM customers and any actions such OEM
customers take in response; fluctuations in interest rates and
foreign currency exchange rates; our dependence on information
systems; the uncertainty of the global economic environment; the
outcome of existing or any future legal proceedings, including
litigation with respect to various claims, or governmental
investigations, including related litigation; future changes in
laws and regulations, including, by way of example, taxes and
tariffs, in the countries in which we operate; impacts from any
potential future acquisition or disposition transactions; and the
other risks noted in reports that we file with the SEC, including
Item 1A, "Risk Factors," in our most recently filed Annual Report
on Form 10-K and/or Quarterly Report on Form 10-Q. We do not
undertake any obligation to update or announce publicly any updates
to or revisions to any of the forward-looking statements in this
press release to reflect any change in our expectations or any
change in events, conditions, circumstances, or assumptions
underlying the statements.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/borgwarner-clinches-contracts-to-supply-durable-efficient-egr-coolers-to-commercial-vehicle-customer-302210986.html
SOURCE BorgWarner