BorgWarner BWA Surges 1.23% to Monthly High on R&D 100 Award for Rare-Earth-Free EV Motor Breakthrough

The share price rose to its highest level this month today, with an intraday gain of 1.23%.

BorgWarner Inc. (BWA) secured the R&D 100 Award for a breakthrough in electric motor technology developed in partnership with the U.S. Department of Energy’s Oak Ridge National Laboratory. The innovation, a rotary-transformer-based wireless excitation system, eliminates reliance on rare earth magnets and brush-based components, addressing supply chain and cost challenges in electric vehicle (EV) production. The technology achieves 92–95% efficiency, operates at over 20,000 revolutions per minute, and reduces motor size by 15% compared to conventional designs. Nine patent applications have been filed, positioning the company as a leader in next-generation EV drivetrain solutions.

The development aligns with growing industry demand for sustainable and cost-effective electrification. By removing rare earth material dependencies, BorgWarner mitigates supply chain risks and lowers lifecycle costs for automakers. The motor’s compatibility with diverse drivetrains and compact architectures enhances its scalability for both passenger and commercial vehicles. Analysts note that the R&D 100 Award, a globally recognized innovation benchmark, strengthens investor confidence in the company’s long-term positioning amid the EV transition. With global automakers prioritizing energy security and technological differentiation, BorgWarner’s patented solutions could drive adoption and revenue growth, further supporting its stock’s upward trajectory.