Borgwarner Inc at Deutsche Bank Global Auto Industry Conference Transcript
Good morning, everybody. Thank you so much for joining us for this session with BorgWarner as part of Deutsche Bank's Global Automotive Conference. My name is Emmanuel Rosner. I'm the lead U.S. autos and auto technology analyst here at Deutsche Bank. I'm extremely pleased to be joined this morning by the senior management from BorgWarner. I have, to my right, Fred Lissalde, who's the CEO; and we have Patrick Kevin Nowlan, who is the EVP and CFO of the company.
BorgWarner is a leading supplier of engineering systems and components, primarily for automotive powertrain applications. The company recently announced the split of its fuel systems and aftermarket business into a separate company, which will be a separate stock called PHINIA. BorgWarner is retaining the air management, the e-Propulsion, the drivetrain, the battery system. And then at Capital Markets Day just last week, it quote for these e-product revenues of $10 billion by 2027, which would be about half of the company sales by then and 10% margin
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