15 Best EV Stocks To Buy According to Billionaires

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7. BorgWarner Inc. (NYSE:BWA)

Number of Billionaire Investors: 10

Number of Hedge Fund Holders: 43

BorgWarner Inc. (NYSE:BWA) is an American global company that designs and manufactures automotive and e-mobility systems. As a leader in clean and efficient technology, the company provides essential components for internal combustion, hybrid, and electric vehicles. The company is focused on expanding its presence in the EV market through innovative technology. BorgWarner Inc. (NYSE:BWA) has secured multiple contracts for its High Voltage Coolant Heater (HVCH) technology in major Asian markets. A leading automaker in China chose the company’s HVCH for a fully electric SUV, with production expected to start in Q2 2025. In Korea, BorgWarner’s (NYSE:BWA) HVCH technology will be used in an electric pickup truck. In Japan, HVCH will be utilized in a battery-electric vehicle that is set to begin production in 2028.

The company continues to secure multiple new business awards that support its future long-term profitable growth. In February 2025, BorgWarner Inc. (NYSE:BWA) continued to grow its new energy vehicle motor business by securing 4 new projects with 3 major Chinese brands. These projects include supplying 400V high-voltage hairpin (HVH) motors for a 200kW hybrid rear-drive platform, with production planned for August 2025, and motors for a 150kW pure electric platform scheduled for mass production in March 2026.

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