BorgWarner acquires Rinehart Movement Methods and AM Racing to kind Cascadia Movement supplying specialty EV functions
Automotive provider BorgWarner has acquired two Oregon-based firms specializing in EV expertise: Rinehart Movement Methods and AM Racing. The 2 newly acquired firms will probably be merged right into a single firm known as Cascadia Movement.
Cascadia Movement will goal prospects with low-volume, specialty EV functions. Earlier than the acquisition, Rinehart Movement Methods developed propulsion inverters and controls for EVs, and AM Racing designed single- and dual-core electrical motors and gearsets. Each firms served market segments together with skilled motorsports, bikes, specialty highway vehicles, buses, and heavy-duty autos.
“Rinehart Movement Methods and AM Racing are two established firms within the specialty electrical and hybrid propulsion sector,” stated BorgWarner CTO Hakan Yilmaz. “Bringing them collectively as Cascadia Movement will enable us to supply design, improvement and manufacturing of full electrical and hybrid propulsion programs for area of interest and low-volume manufacturing functions.”