BorgWarner's stock has been caught up in the nearly year-long EV sentiment downturn, but the reaction has been too harsh relative to the company's long-term strategic positioning. The company is well-positioned to become a leader in critical EV components like inverters, chargers, and e-motors, particularly as Western OEMs abandon their prior in-sourcing plans. A slower transition away from ICE-powered vehicles will drive more demand for BorgWarner's efficiency and emissions-enhancing technologies, and the company can win both with BEVs and/or PHEVs.
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