BorgWarner To Supply SiC Inverters To European OEM's Battery Electric Vehicles

BorgWarner Inc BWA stated that its 400V Silicon Carbide (SiC) inverter had been selected to help power various models of a European OEM's battery electric vehicles. The financial details of the arrangement were not disclosed.
Vehicle production with BorgWarner's SiC inverter is slated for 2023.
The inverter features dual-sided cooled power switches, providing a breakthrough in vehicle electrification and offering OEMs superior operational characteristics, including enhanced driving performance and a longer range.
BorgWarner noted that the new SiC inverter design builds on its cooling technology to reduce the semi-conductor area and SiC material, offering a lighter and smaller system at a lower cost than other silicon-based inverters.
Price Action: BWA shares are trading higher by 3.03% at $46.43 on the last check Monday.

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