BorgWarner Acquires EV Charging Technology Firm Rhombus Energy Solutions.

MANews-(C)2009-2022

US-based automotive supplier BorgWarner Inc. (NYSE: BWA) has acquired US-based EV charging technology firm Rhombus Energy Solutions, the company said.

Headquartered in San Diego, California, Rhombus offers V2G and Underwriters Laboratory-certified charging.

Rhombus supplies its patented technology to EV OEMs, including Proterra, and charging and grid service providers.

The transaction has an enterprise value of up to USD 185m, which...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT