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BorgWarner Says Higher Sales Expected

BorgWarner said it expects products that make engines more fuel efficient will raise sales by $1.4 billion in the next three years. Turbochargers, engine timing systems and parts that control emissions will account for 66 percent of the new business. Four- and all-wheel-drive systems will account for the rest.

Published: November 9, 2004

From Detroit Free Press

BorgWarner said it expects products that make engines more fuel efficient will raise sales by $1.4 billion in the next three years.

Turbochargers, engine timing systems and parts that control emissions will account for 66 percent of the new business. Four- and all-wheel-drive systems will account for the rest.

The company expects $400 million in new business next year, $450 million in 2006 and $550 million in 2007, Chief executive Timothy Manganello told analysts at a Gabelli & Co. meeting Web cast from Las Vegas.

About 75 percent of sales will come from companies other than General Motors Corp., Ford Motor Co. and DaimlerChrysler AG, he said.

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Eli Opens Reservations for its Micro-EV in the US

The new Eli ZERO represents a new category of high-tech, efficient and sustainable micro-EVs, according to Eli Electric Vehicles.

By Mary DellaValle

Published: May 7, 2024

Eli Opens Reservations for its Micro-EV in the US

Eli Electric Vehicles (Eli), an electric vehicle company that says it is "carving out a new category of high-tech, efficient and sustainable micro-EVs," announced it opened reservations for its flagship vehicle, Eli ZERO, in the U.S.

The Eli ZERO will enter the U.S. market as a street-legal micro-EV designed to make commutes easier while reducing traffic congestion, inefficiency and pollution caused by large highway vehicles. Eli’s expansion in the U.S. is built on its success in Europe and French Polynesia where hundreds of vehicles have been sold and are being used for personal transportation, eco-tourism and government fleets, according to Eli.