BorgWarner Signs Agreement for LFP Battery Packs

BorgWarner Signs Agreement for LFP Battery Packs

It will be the only non-OEM localized manufacturer with rights to localize LFP battery packs for commercial vehicles.

BorgWarner entered a strategic agreement with FinDreams Battery, a subsidiary of BYD Company Limited. Under this agreement, BorgWarner said it will be the only non-OEM localized manufacturer, unaffiliated with FinDreams Battery, with rights to localize LFP battery packs for commercial vehicles utilizing FinDreams Battery blade cells in Europe, the Americas, and select regions of Asia Pacific. The duration of the agreement is eight years.

In addition to receiving blade cells for manufacturing LFP battery packs in the covered geographies, BorgWarner said it will receive a license from FinDreams Battery to use FinDreams Battery’s intellectual property related to its battery pack design and manufacturing process.

“The lithium iron phosphate battery chemistry is an exciting technology that is becoming increasingly important globally due to its cost competitiveness. We have seen increased demand from our customers for packs with LFP cells,” Frédéric Lissalde, president and CEO of BorgWarner, said. “We believe FinDreams Battery is right for BorgWarner in this area, with its 20-plus years of experience and success in LFP batteries for the mobility sector across China and Europe. We are excited to work together to develop cutting-edge cell and battery pack technology to further electrify this market segment.”

You May Also Like

Demand for REE Automotive Full By-Wire EVs Continues to Grow

REE has expanded its authorized dealer network, which now covers 66 locations of sales and service across the U.S. and Canada.

REE, an automotive technology company and provider of full by-wire electric trucks and platforms, announced key business updates, leading with its current order value book value surpassing $50 million and the expansion of REE’s authorized dealer network, which now covers 66 locations of sales and service across the U.S. and Canada, the company said.

New Orleans RTA Selects New Flyer Electric Hybrid Buses

The New Flyer buses will be equipped with the Allison eGen Flex electric hybrid propulsion system.

Can You Jumpstart an EV?

First thing’s first: Find the LV battery, which could be anywhere in the vehicle.

Mullen Road Tests Solid-State Polymer Battery Pack

The results met or exceeded all requirements targeted for the first drive cycles for energy usage and driving range.

TurnOnGreen, Endliss Power Team up

TurnOnGreen said it will leverage EPI’s expertise in administering and executing power purchase agreements with commercial clients.

Other Posts

Needs Come First When Choosing Aftermarket Or OE

In the debate between OEM and aftermarket suspension parts, it’s essential to understand the differing needs of manufacturers, shops, technicians, and consumers.

Elywhere Launches in North America

Elywhere chargers can be configured to support power in the 1 MW range, providing solutions for electric fleets.

How Important is Regenerative Braking For EVs?

Regenerative braking helps to increase the overall efficiency and range of the EV, increasing the range of an EV by up to 20%.

ChargeLab Study Reveals EV Consumers’ Charging Preferences

While 86% of EV drivers can charge at home, over half still rely on public chargers, according to the survey.