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BorgWarner Secures New High Voltage Coolant Heater Programs in China, Korea and Japan

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BorgWarner has secured three major High Voltage Coolant Heater (HVCH) contracts in Asia. A Chinese OEM selected HVCH for an electric SUV with production starting Q2 2025, while a Korean manufacturer chose it for an electric pickup starting Q1 2025. Additionally, BorgWarner won its first HVCH contract with a Japanese OEM, with production beginning in 2028. The HVCH technology features a compact, modular design with Thick Film Element technology, offering power ranges from 3 to 10 kW and voltage compatibility from 250 to 800 volts. The system enhances battery performance, enables rapid cabin heating, and improves driving range efficiency.

BorgWarner ha ottenuto tre importanti contratti per i Riscaldatori di Refrigerante ad Alta Tensione (HVCH) in Asia. Un OEM cinese ha selezionato l'HVCH per un SUV elettrico con inizio produzione nel secondo trimestre del 2025, mentre un produttore coreano lo ha scelto per un pickup elettrico che inizierà a essere prodotto nel primo trimestre del 2025. Inoltre, BorgWarner ha vinto il suo primo contratto HVCH con un OEM giapponese, con produzione programmata a partire dal 2028. La tecnologia HVCH presenta un design compatto e modulare con tecnologia a Elemento Film spesso, offrendo gamme di potenza da 3 a 10 kW e compatibilità di tensione da 250 a 800 volt. Il sistema migliora le prestazioni della batteria, consente un rapido riscaldamento dell'abitacolo e migliora l'efficienza dell'autonomia di guida.

BorgWarner ha asegurado tres importantes contratos para Calentadores de Refrigerante de Alta Tensión (HVCH) en Asia. Un OEM chino ha seleccionado el HVCH para un SUV eléctrico con producción que comenzará en el segundo trimestre de 2025, mientras que un fabricante coreano lo eligió para una camioneta eléctrica que comenzará a producirse en el primer trimestre de 2025. Además, BorgWarner ganó su primer contrato de HVCH con un OEM japonés, con producción comenzando en 2028. La tecnología HVCH presenta un diseño compacto y modular con tecnología de Elemento de Película Gruesa, ofreciendo rangos de potencia de 3 a 10 kW y compatibilidad de voltaje de 250 a 800 voltios. El sistema mejora el rendimiento de la batería, permite un calentamiento rápido de la cabina y mejora la eficiencia del alcance de conducción.

BorgWarner는 아시아에서 고전압 냉각 히터 (HVCH) 계약 세 건을 체결했습니다. 중국의 OEM이 2025년 2분기에 생산을 시작하는 전기 SUV에 HVCH를 선택하였고, 한국 제조업체는 2025년 1분기에 생산이 시작되는 전기 픽업에 이를 선택했습니다. 또한 BorgWarner는 일본 OEM과의 첫 HVCH 계약을 체결했으며, 생산은 2028년부터 시작될 예정입니다. HVCH 기술은 컴팩트하고 모듈화된 디자인으로 두꺼운 필름 요소 기술을 채택하였으며, 3에서 10 kW의 전력 범위와 250에서 800볼트의 전압 호환성을 제공합니다. 이 시스템은 배터리 성능을 향상시키고, 객실 난방을 신속하게 가능하게 하며, 주행 거리 효율을 개선합니다.

BorgWarner a obtenu trois contrats majeurs pour des Chauffages de Liquide de Refroidissement Haute Tension (HVCH) en Asie. Un OEM chinois a sélectionné l'HVCH pour un SUV électrique dont la production débutera au deuxième trimestre 2025, tandis qu'un fabricant coréen l'a choisi pour un pickup électrique qui commencera à être produit au premier trimestre 2025. De plus, BorgWarner a remporté son premier contrat HVCH avec un OEM japonais, avec une production qui débutera en 2028. La technologie HVCH se caractérise par un design compact et modulaire doté d'une technologie à Élément de Film Épais, offrant des plages de puissance de 3 à 10 kW et une compatibilité de tension de 250 à 800 volts. Le système améliore les performances de la batterie, permet un chauffage rapide de l'habitacle et améliore l'efficacité de l'autonomie de conduite.

BorgWarner hat drei bedeutende Verträge für Hochvolt-Kühlmittelheizer (HVCH) in Asien gesichert. Ein chinesischer OEM hat HVCH für ein Elektro-SUV ausgewählt, dessen Produktion im zweiten Quartal 2025 beginnt, während ein koreanischer Hersteller es für einen Elektro-Pickup ab dem ersten Quartal 2025 gewählt hat. Darüber hinaus gewann BorgWarner seinen ersten HVCH-Vertrag mit einem japanischen OEM, dessen Produktion 2028 beginnen wird. Die HVCH-Technologie zeichnet sich durch ein kompaktes, modulares Design mit dicker Filmelement-Technologie aus und bietet Leistungsbereiche von 3 bis 10 kW sowie Spannungs-Kompatibilität von 250 bis 800 Volt. Das System verbessert die Batterieleistung, ermöglicht eine schnelle Beheizung des Fahrzeuginnenraums und verbessert die Effizienz der Reichweite.

Positive
  • Secured three new HVCH contracts in major Asian markets
  • Expansion into Japanese EV market with first HVCH program
  • Production starts scheduled for Q1/Q2 2025 for Korean and Chinese contracts
Negative
  • Japanese contract production delayed until 2028

Insights

The securing of three new HVCH contracts across major Asian markets represents a significant strategic expansion for BorgWarner in the EV thermal management space. The deals span 2025-2028 implementation timeframes, providing clear revenue visibility. The technology's compatibility with 250-800V systems and 3-10kW power range positions BWA strongly in both entry-level and premium EV segments.

The Japanese market entry is particularly noteworthy as it historically has high barriers to entry for foreign suppliers. The compact design and cost advantages of BWA's solution indicate strong competitive positioning against established local players. These wins validate BWA's R&D investments in thermal management and support its strategic transition from traditional powertrains to EV components.

These contract wins strengthen BWA's position in the rapidly growing Asian EV market. China's EV sector continues explosive growth, while Korea and Japan are accelerating their EV transitions. The timing is strategic - 2025-2028 coincides with major EV model launches across these markets.

The diverse vehicle types (SUV, pickup, passenger vehicle) demonstrate the technology's versatility and broad market applicability. While revenue impact details aren't disclosed, these programs typically represent $100-300 per vehicle in content value. The Japanese OEM win could lead to follow-on orders as that market's EV adoption accelerates.

  • BorgWarner's HVCH selected by a Chinese OEM for a battery electric SUV, start of production set for Q2 2025
  • Korean electric vehicle manufacturer chose BorgWarner's heater for their new electric pick-up model, with production starting in Q1 2025
  • BorgWarner wins its first HVCH business award with a Japanese OEM, marking a key milestone in the company's expansion into Japan's growing electric vehicle market

AUBURN HILLS, Mich., Oct. 31, 2024 /PRNewswire/ -- BorgWarner has secured three significant business wins for its High Voltage Coolant Heater (HVCH) technology, expanding its reach in the Chinese, Korean and Japanese electric vehicle markets.

In China, a leading domestic automaker has selected BorgWarner's HVCH for use in a fully electric SUV, with production expected to commence in the second quarter of 2025. This partnership marks a significant step forward in BorgWarner's continued expansion in China's rapidly growing electric vehicle industry.

In Korea, BorgWarner's HVCH will be used in an electric pick-up vehicle and production is set to begin in March 2025. The heater will be critical in managing cabin temperatures, improving energy efficiency, and enhancing the driving experience.

In Japan, BorgWarner's HVCH has been chosen by a Japanese OEM for a battery-electric vehicle. With production starting in 2028, this marks the company's first HVCH program in the country. The compact heater design enables superior performance and efficiency at a lower cost.

"These three important business wins underscore the strength of BorgWarner's HVCH technology and further solidify our relationships with important Asian OEMs," said Dr. Volker Weng, Vice President of BorgWarner Inc. and President and General Manager, Turbos and Thermal Technologies. "Our cost-effective, efficient heating solution is able to meet the evolving needs of global electric vehicle manufacturers and continues to drive our success in key regions."

BorgWarner's coolant heaters are designed with a compact, modular structure, minimizing size and weight. By ensuring uniform temperature distribution within the battery pack and its cells, they enhance battery energy performance in both electric and hybrid vehicles. They also enable rapid cabin heating, improving both driving comfort and passenger experience. With high thermal power density and quick response times due to low thermal mass, these heaters help extend driving range by consuming less power from the battery.

The HVCH incorporates advanced Thick Film Element (TFE) technology, offering great flexibility in sizing of the heating elements. Designed to meet the demand for high-performance systems that generate heat quickly, the HVCH's heating elements are immersed in coolant for efficient heat transfer. Compatible with supply voltages ranging from 250 to 800 volts, the HVCH delivers a power range of 3 to 10 kW, making it suitable for a wide range of applications.

About BorgWarner
For more than 130 years, BorgWarner has been a transformative global product leader bringing successful mobility innovation to market. With a focus on sustainability, we're helping to build a cleaner, healthier, safer future for all.

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You should not place undue reliance on these forward-looking statements, which speak only as of the date of this release. Forward-looking statements are subject to risks and uncertainties, many of which are difficult to predict and generally beyond our control, that could cause actual results to differ materially from those expressed, projected or implied in or by the forward-looking statements. These risks and uncertainties, among others, include: supply disruptions impacting us or our customers, commodity availability and pricing, and an inability to achieve expected levels of recoverability in commercial negotiations with customers concerning these costs; competitive challenges from existing and new competitors, including original equipment manufacturer ("OEM") customers; the challenges associated with rapidly changing technologies, particularly as they relate to electric vehicles, and our ability to innovate in response; the difficulty in forecasting demand for electric vehicles and our electric vehicles revenue growth; potential disruptions in the global economy caused by wars or other geopolitical conflicts; the ability to identify targets and consummate acquisitions on acceptable terms; failure to realize the expected benefits of acquisitions on a timely basis; the possibility that our 2023 tax-free spin-off of our former Fuel Systems and Aftermarket segments into a separate publicly traded company will not achieve its intended benefits; the failure to promptly and effectively integrate acquired businesses; the potential for unknown or inestimable liabilities relating to the acquired businesses; our dependence on automotive and truck production and is highly cyclical and subject to disruptions; our reliance on major OEM customers; impacts of any future strikes involving some of our OEM customers and any actions such OEM customers take in response; fluctuations in interest rates and foreign currency exchange rates; our dependence on information systems; the uncertainty of the global economic environment; the outcome of existing or any future legal proceedings, including litigation with respect to various claims, or governmental investigations, including related litigation; future changes in laws and regulations, including, by way of example, taxes and tariffs, in the countries in which we operate; impacts from any potential future acquisition or disposition transactions; and the other risks, noted in reports that we file with the Securities and Exchange Commission, including Item 1A, "Risk Factors" in our most recently-filed Form 10-K and/or Quarterly Report on Form 10-Q. We do not undertake any obligation to update or announce publicly any updates to or revisions to any of the forward-looking statements in this release to reflect any change in our expectations or any change in events, conditions, circumstances, or assumptions underlying the statements.

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SOURCE BorgWarner

FAQ

When will BorgWarner (BWA) start production of HVCH for the Chinese electric SUV?

BorgWarner will start production of HVCH for the Chinese electric SUV in the second quarter of 2025.

What is the power range of BorgWarner's (BWA) High Voltage Coolant Heater?

BorgWarner's HVCH delivers a power range of 3 to 10 kW and is compatible with supply voltages from 250 to 800 volts.

Which Asian markets has BorgWarner (BWA) secured new HVCH contracts in?

BorgWarner has secured new HVCH contracts in China, Korea, and Japan.

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