BORGWARNER INC

BorgWarner Inc. is a Delaware corporation incorporated in 1987 that provides clean and efficient technology solutions for combustion, hybrid, and electric vehicles globally. The company manufactures and sells products that improve vehicle performance, propulsion efficiency, stability, and air quality. BorgWarner primarily sells these products worldwide to original equipment manufacturers (OEMs) of light vehicles (passenger cars, sport-utility vehicles, vans, and light trucks), commercial vehicles (medium-duty trucks, heavy-duty trucks, and buses), and off-highway vehicles (agricultural and construction machinery and marine applications). The company also sells to certain tier one vehicle systems suppliers and into the aftermarket for light, commercial, and off-highway vehicles. BorgWarner operates manufacturing facilities serving customers in Europe, the Americas, and Asia, and is an original equipment supplier to nearly every major automotive OEM globally. BorgWarner's strategy focuses on profitable growth across its technology-focused product portfolio supporting electric, hybrid, and combustion vehicles, through organic investments and technology-focused acquisitions. For the years ended December 31, 2025, 2024, and 2023, revenue from eProducts, which include products for electric vehicles (EVs) and hybrid powertrains with EV-adaptable technologies, was approximately $2.6 billion, $2.3 billion, and $2.0 billion, respectively, representing 18%, 17%, and 14% of total revenue. Revenue from Foundational products, which include products for internal combustion engines and hybrid powertrains, was approximately $11.7 billion, $11.8 billion, and $12.2 billion, respectively, representing 82%, 83%, and 86% of total revenue. Acquisitions are an integral component of the company's growth and value creation strategy.