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The approach to the likely future market for EV Chargers is set out below:

For the context of this exercise, only the Public Charging Infrastructure required for passenger cars is being considered as the market potential for the Client (2/3W are likely to shift to Battery swapping in a large way and will rely on home chargers; Buses are also likely to move to the Battery Swapping model in India).

BorgWarner's reputation as a leading supplier of hybrid vehicle systems was further strengthened by the news that a major European commercial vehicle manufacturer has chosen the company's proven High Voltage Hairpin 410 electric motor for a plug-in hybrid electric truck to be launched in 2019.

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