BorgWarner has released its 2022 Sustainability Report, “Charging Forward Together,” highlighting the significant steps taken toward meeting its environmental stewardship, social responsibility and governance (ESG) objectives and outlining additional goals the company has set for this year and beyond. 

The company said in a statement that the Sustainability Report underscores BorgWarner’s commitment to accelerating the world’s transition to Mobility to help build a cleaner, healthier, safer future for all. 

Frédéric Lissalde, President and CEO, BorgWarner, said, “Our beliefs of inclusion, integrity, excellence, responsibility and collaboration are found in every aspect of our operations and guide us as we work toward our vision of a clean, energy-efficient world. We are proud of the significant progress we have made in recent years toward embracing sustainability in our culture and advancing electrification efforts in everything we do. We look forward to taking additional concrete steps in changing the world of mobility, alongside our partners, customers, suppliers and communities toward a brighter, cleaner and more inclusive future.” 

The annual Sustainability Report gives a holistic view of BorgWarner’s commitment to being a sector leader in sustainability, addressing its refreshed sustainability strategy, investments and acquisitions of companies to enhance its electrification capabilities, diversity initiatives and more. 

BorgWarner’s business strategy, Charging Forward, is central to the report, showcasing the company’s alignment with and contributions to a net-zero carbon emissions future and its target of a 45 per cent electric revenue mix by 2030, the release said. Currently, the company is on track to generate more than 25 per cent of its revenue from electrified vehicle parts by 2025. Additionally, the company expects about 50 per cent of its R&D budget will be spent on eProducts in 2022 and to exceed 50 per cent by 2025. 

While looking to achieve carbon neutrality in its operations by 2035, BorgWarner set a new interim goal to reduce its absolute greenhouse gas (GHG) emissions for Scope 1 and Scope 2 emissions by 85 per cent, compared to its 2021 emissions, by 2030. BorgWarner is also developing a Science-Based Target Initiative GHG emissions reduction goal, and, as part of that process, will be estimating its Scope 3 emissions and determining its most crucial actions for GHG emission reduction. 

To promote further advocacy and dedication to ESG at the highest levels of the organisation, BorgWarner has linked 50 per cent of the performance component of its executive long-term incentive plan compensation with its Charging Forward goals by incorporating an eProducts revenue mix metric. 

The company has also announced formal DEI goals in this year’s report. By 2026, BorgWarner plans to have women account for 35 per cent of its global workforce and racially/ethnically diverse employees account for 30 per cent of its US workforce. By that same year, the company plans to achieve and maintain pay parity across all genders and races. On average, women working at BorgWarner globally are currently receiving 98.9 per cent compensation of that received by men, with racial/ethnic minorities in the US receiving compensation of 99 per cent or more compared to compensation received by non-minorities. An annual salary review process is in place to evaluate and address discrepancies in pay, if identified. Finally, BorgWarner has set a goal to achieve a score of 80 per cent or above on a BorgWarner Beliefs index from its employee engagement survey by 2026. 

Developing and retaining talent continues to be an area of focus for BorgWarner, as demonstrated by the more than 84,000 hours of training received by salaried employees in 2021, it said. The company also launched Power to Evolve, a skills agility programme for employees that was created in partnership with leading universities in the US and Europe and provides a fast track to transfer mechanical engineers to working on electric drive systems, including batteries, inverters, motors and more. 

The company’s employees not only met but exceeded its giving goals with efforts that supported over 400 charitable activities, including STEM education, children in need and humanitarian efforts, the release pointed out. 

Among its various governance activities, BorgWarner continued to focus on promoting sustainability across its supply chain: the company saw an approximate 35 per cent increase in suppliers participating in the Sustainability Self-Assessment Questionnaire, which asks suppliers about key sustainability issues including human rights, health and safety, environment, working conditions and business ethics. 

To further accelerate progress related to supply base goals and engagement, BorgWarner also developed a Sustainable Supply Chain strategy outlining priority ESG topics along with a roadmap for implementation. In 2022, the strategy will be expanded to include a focus on evaluating existing and developing new supplier expectations on material topics and incorporating them into the company’s sourcing process. 

The complete report can be accessed here: www.borgwarner.com/company/sustainability. (MT)

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Tata Elxsi, a global leader in design and technology services has signed a Memorandum of Understanding with Infineon Technologies, a leading semiconductor solutions company, to jointly develop application-ready electric vehicle solutions tailored to the Indian market.

The partners will collaborate on design and integration expertise to drive faster adoption of automotive-grade, cost-efficient and safety-compliant subsystems across key mobility segments. This collaboration, the partners stated, aligns with India’s rapid shift towards electrification, with EV sales growing by 25–30 percent year-on-year in 2024, including a 28 percent increase in electric two- and three-wheeler sales.

As part of the understanding, Tata Elxsi will bring its design, system integration and validation capabilities, while Infineon will provide early access to its latest semiconductor technologies – such as silicon carbide (SiC)-based components, microcontrollers and integrated circuits (ICs).

The partners will work closely to develop high-voltage inverters for traction and auxiliary systems, scalable battery management systems (BMS), bi-directional onboard chargers and high-voltage thermal management solutions for the Indian market targeting two-wheeler, three-wheeler, passenger vehicles and commercial vehicle segments. In future, they also look to support eVTOL, energy and off-highway sectors.

Nambi Ganesh, Head – Automotive, Tata Elxsi, said, “Currently, several of our EV solutions are already built on Infineon SoCs and components. This MoU further strengthens our partnership by giving us a clearer scope and tighter system-level alignment, enabling shorter turnaround times to address Indian market requirements. As EV adoption scales, our focus remains on delivering production-ready, automotive standards-compliant platforms and solutions.”

Kenneth Lim, Senior Vice-President – Automotive, Infineon Technologies Asia Pacific, said, “At Infineon, we are committed to driving innovation in the electric vehicle sector and empowering our partners to bring cutting-edge technologies to market. This partnership with Tata Elxsi is a significant step in our journey to support India’s ambitious electrification goals. By combining Tata Elxsi's design and integration expertise with our advanced semiconductor solutions, we are not only enhancing the development of ready-to-deploy EV systems but also ensuring that they meet the highest safety and performance standards. Together, we aim to accelerate the adoption of electric mobility across various segments, from two-wheelers to commercial vehicles, and contribute to a more sustainable future for India.”

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Hindustan Zinc Limited, India's sole and the world's biggest integrated zinc producer, said today that its Board of Directors has authorised the first phase of investments to double production capacity.

This development is in line with the robust rise in the demand for steel both domestically and internationally. Over the next five years, the company intends to increase its capacity for producing metal and silver, increasing its overall production capacity to over 2,000 KTPA and 1500 tonnes, respectively. In addition to expanding related mines and mills throughout its operations, the Board has authorised the proposal to establish a new 250 KTPA integrated smelter at Debari in the Udaipur area of Rajasthan. The company’s current metal production capacity is 1.1 million tonnes. At a total cost of over INR 120 billion, the project is expected to be finished in 36 months.

This is an important development since it coincides with the ongoing global zinc market shortage. Silver output has increased more than 20 times, while zinc production has increased four times since the government sold up its share in 2002 and the Vedanta Group bought it. Holding the second-highest zinc reserves and resources in the world with more than 25 years of mine life, the firm is one of the lowest cost zinc producers in the world.

Arun Misra, CEO, Hindustan Zinc Limited, said, “We are excited to announce this 2x growth project towards doubling our capacity across zinc, lead and silver, which is strategically aligned with the country’s expanding economic landscape, increasing demand opportunities and keeping country self-reliant for Zinc. By closely matching the pace of national growth, we are confident that this will create significant value for our stakeholders and drive long-term success.”

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India’s automotive industry could face fresh supply chain disruptions by mid-July 2025 due to declining inventories of rare earth magnets, following tightened export restrictions and shipment delays from China, according to rating agency ICRA.

Jitin Makkar, Senior Vice President and Group Head – Corporate Ratings at ICRA, cautioned that the situation echoes the semiconductor shortage of 2021–22, which led to the loss of nearly 100,000 passenger vehicles. “Rare earth magnet inventories are projected to last only until mid-July 2025 for several passenger vehicle and two-wheeler applications,” he said.

Neodymium-iron-boron (NdFeB) magnets, critical for high-performance uses like EV traction motors and power steering systems, are heavily imported – around 85 percent of India’s USD 200 million imports in FY2025 came from China. These magnets make up nearly 30 percent of an electric two-wheeler motor’s cost, with motors priced between INR 8,000 and INR 15,000 depending on specifications.

To counter the supply challenge, Indian OEMs and auto component manufacturers are exploring several alternatives: importing fully assembled motors from China, sending rotors to China for magnet assembly, using substitute materials with similar properties, or switching to rare earth-free motors using electromagnets. However, each option faces significant logistical, regulatory, and engineering hurdles.

While the immediate impact could disrupt production planning, ICRA believes the crisis may also drive innovation and diversification in both materials and supply chains for the Indian auto sector.

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Hyundai Mobis, a part of Hyundai Group specialising in manufacturing of auto components, modules & systems, has developed a new rear safety control technology that can reduce rear-end collisions.

The company states its new active control technology uses sensors to detect approaching vehicles from behind and manoeuvre the vehicle out of danger, is expected to hit the market soon. It integrates sensors such as rear-side radars and front cameras with driving control technology.

The solution works when the driver engages the Smart Cruise Control (SCC) function on the highway. When the sensors detect any other vehicle at a proximity of 10 metres or less, it first emits an audio alarm or a visual warning on the cluster. When the situation keeps persisting after a certain amount of time, the vehicle automatically accelerates to maintain a safe distance. In addition, the rear side radars also detect the movement of the vehicle behind, while the front camera recognises the lane and vehicle ahead on the driving path to assist in safe acceleration.

Hyundai Mobis acknowledges that while some global OEMs have already integrated such technology, the functions are not yet advanced enough for the vehicle to control itself autonomously. On the other hand, its technology is able to independently adjust the distance between the front and rear vehicles and avoid dangerous situations.
The Korean company plans to further expand the scope of autonomous control for defensive driving against rear vehicles. Currently, the company is developing a lane-changing function to escape dangerous situations, in addition to an acceleration control function that allows the vehicle to speed up on its own.

Jung Soo-kyung, Executive Vice-President and Head of Automotive Electronics Business Units, Hyundai Mobis, said, “We will actively protect the safety of mobility users by providing solutions that can intelligently handle not only front-end safety, but also dangerous situations caused by rear vehicles while driving.”

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