BorgWarner Inc. and FinDreams Battery have recently announced a long-term strategic relationship aimed at accelerating the adoption of electric vehicles in the commercial sector. Under this agreement, BorgWarner will be the exclusive non-OEM localized manufacturer of lithium iron phosphate (LFP) battery packs for commercial vehicles in Europe, the Americas, and select regions of Asia Pacific. These battery packs will utilize FinDreams Battery’s advanced blade cell technology.
Frédéric Lissalde, President and CEO of BorgWarner, highlighted the importance of LFP chemistry in the global market due to its cost competitiveness. The collaboration with FinDreams Battery, a company with over two decades of experience in LFP batteries, presents an exciting opportunity for BorgWarner to further electrify the commercial vehicle segment.
By partnering with FinDreams Battery, BorgWarner gains access to their intellectual property related to battery pack design and manufacturing process. This collaboration will facilitate the development of cutting-edge cell and battery pack technology, meeting the increasing customer demand for LFP cells and driving the electrification of the commercial vehicle market.
Michael He, President and CEO of FinDreams Battery, expressed enthusiasm for the collaboration, highlighting the mutual benefits that result from harnessing each company’s strengths. Through collaboration with BorgWarner, FinDreams Battery aims to provide diversified and flexible options for overseas customers, allowing for the accelerated adoption of electric vehicles in the commercial sector.
The partnership between BorgWarner and FinDreams Battery is a significant step towards achieving a greener future in the commercial vehicle industry. By combining their expertise and resources, these companies are driving innovation and paving the way for a more sustainable transportation sector.
Important Terms and Concepts:
1. Lithium iron phosphate (LFP) – a type of lithium-ion battery characterized by its cost competitiveness.
2. Blade cell technology – an advanced technology used in LFP batteries that enables their efficient operation.
Related Links:
1. borgwarner.com – Official website of BorgWarner Inc.
2. findreams-battery.com – Official website of FinDreams Battery.
The source of the article is from the blog shakirabrasil.info