real time web analytics
BorgWarner completes acquisition of Hubei Surpass Sun Electric
Suscríbete

BorgWarner completes acquisition of Hubei Surpass Sun Electric

Sin título
Headquartered in Xiangyang, Hubei province, China, SSE’s electrification business supplies patented electric vehicle charging solutions to customers in China and more than 70 other countries. Photo: BorgWarner
|

BorgWarner and Hubei Surpass Sun Electric (SSE) today announced that they have entered into an Equity Transfer Agreement under which BorgWarner has agreed to acquire the Electric Vehicle Solution, Smart Grid and Smart Energy businesses of SSE. The transaction has an enterprise value of up to RMB 410 million, of which approximately RMB 267 million would be delivered at or soon after closing. Up to RMB 143 million could be paid in the form of contingent payments over approximately two years following the closing.


Headquartered in Xiangyang, Hubei province, China, SSE’s electrification business supplies patented electric vehicle charging solutions to customers in China and more than 70 other countries. SSE has delivered over 50,000 charging points and has led the engineering, procurement, and construction (EPC) of more than 250 charging station sites. SSE’s charging and electrification capabilities in China are expected to complement BorgWarner’s existing capabilities in Europe and North America. SSE’s 2022 revenues for the electrification business are expected to be approximately RMB 180 million.

The transaction is subject to satisfaction of customary closing conditions and SSE shareholder approval. The closing is expected in first quarter 2023.


“This transaction makes good business sense as we continue to bolster our fast-charging capabilities globally,” said Frédéric Lissalde, President and CEO of BorgWarner. “SSE will bring enhanced offerings while supporting Charging Forward, our strategy to accelerate our growth in electrification. We look forward to welcoming their talented team to BorgWarner.”


Lea esta noticia en castellano




PHOTO 2025 04 30 09 55 06

Santana Motors S.L., Zhengzhou Nissan Automobile Co., Ltd. (ZZ Nissan) y Anhui Coronet Tech Co. han establecido una alianza estratégica para la producción de vehículos todoterreno innovadores en la histórica planta de Santana Factory en Linares (España).

FM 1617 (1)

Un total de 65.514 profesionales procedentes de 80 países y 710 empresas expositoras se dieron cita en esta feria líder del sector de la posventa de automoción en el sur de Europa, que ocupó 100.000 m² distribuidos en seis pabellones.

Planta logo AlmussafesII

DS Smith Tecnicarton, una empresa de International Paper, ha anunciado el traslado de su planta de producción ubicada en Riba-roja de Turia a una nueva sede en Almussafes.Ambas localidades se encuentran en la provincia de Valencia.

EPMC ReUse 06[1]

JLR está reduciendo los residuos en todas sus operaciones industriales en el Reino Unido y Europa mediante una campaña de reutilización, reacondicionamiento, reconversión y reciclaje que supone un valor de 100 millones de libras.

CoroDrill Dura actionimage view2

James Thorpe, Global Product Manager for Hole Making and Composite Machining en Sandvik Coromant, explica cómo una nueva herramienta de taladrado puede mejorar los objetivos de producción de fabricación para aplicaciones multimaterial.

Empresas destacadas
Lo más visto