Borgwarner Forms Cascadia Displace - Acquires Rms & Am Racing
BorgWarner has acquired 2 Oregon-based EV powertrain businesses. BorgWarner formed Cascadia Motion LLC to larn assets in addition to merge the operations of the companies – Rinehart Motion Systems LLC in addition to AM Racing Inc. Cascadia Motion volition explore the broad multifariousness of electrical in addition to hybrid propulsion solutions for niche in addition to emerging applications.
"Rinehart Motion Systems in addition to AM Racing are 2 established companies inwards the speciality electrical in addition to hybrid propulsion sector," said Hakan Yilmaz, Chief Technology Officer at BorgWarner. "Bringing them together equally Cascadia Motion volition permit us to offering design, evolution in addition to production of sum electrical in addition to hybrid propulsion systems for niche in addition to low-volume manufacturing applications."
BorgWarner accept progressively acquired a portfolio of electrical powertrain businesses including Remy inwards 2015 for $950 1 one k thousand in addition to Sevcon inwards 2017 for $200 million.
Cascadia Motion volition leverage the proficiencies of both companies into a start-up atmosphere designed to incubate novel technologies. Rinehart Motion Systems brings expertise inwards propulsion inverters in addition to controls for electrical in addition to hybrid electrical vehicles inwards professional person motorsports, motorcycles, specialty route cars, bus, in addition to heavy duty sectors. AM Racing designs in addition to manufactures single- in addition to dual-core electrical motors (based on Remy cores) in addition to gearsets used inwards all these same marketplace segments.
The novel merged society volition expand the company's mightiness to back upwards a broad multifariousness of customers alongside small-scale scale projects, specialty products, in addition to depression book manufacturing needs. In addition, BorgWarner's global production facilities tin move utilized equally Cascadia Motion customers grow to require high-volume production.
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