BorgWarner broke ground on a new plant in Portugal for EV motors, inverters, and BMS

BorgWarner broke ground on a new plant in Viana do Castelo, Portugal, where it plans to produce electrification products such as electric motors, inverters, and battery management systems for a wide range of global automakers in Europe. Investment in the new facility where production is slated to partially begin in Q3 2022 and at full capacity in 2024 amounts to 100 million euros. The 17,000-square-meter facility will house different functions including operations, engineering, quality and purchasing and is expected to create about 300 new jobs. As part of its Charging Forward initiative, BorgWarner is accelerating the company’s electrification strategy and has announced plans to grow electric vehicle revenues to approximately 45% by 2030, along with a commitment to achieve carbon neutrality by 2035.