The US automotive supplier BorgWarner has acquired DriveTek AG as of 1 December 2022. The Swiss company offers engineering and product development services for inverters, electric drive solutions, and power electronics. The transaction is worth CHF 35 million.
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US automotive supplier BorgWarner has announced further orders for electric vehicles. Among them is an order from a Chinese luxury electric car brand for a complete 800-volt drive system, but also an interesting order for an electric truck component. The US supplier also announced that it will acquire Santroll Automotive Components in China.
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