BorgWarner Announces eGearDrive(TM) Transmission Application on All-Electric 2010 Coda Sedan

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AUBURN HILLS, Mich., Sept. 24 /PRNewswire-FirstCall/ -- BorgWarner announces another eGearDrive transmission application on the all-electric CODA sedan, scheduled for introduction in California in 2010. Ideally suited for full performance electric vehicles on either front-wheel drive or rear-wheel drive transverse driveline applications, the BorgWarner 31-03 eGearDrive(TM) single-speed transmission delivers high torque capacity, high efficiency, and low noise, vibration and harshness (NVH) in a compact package. Paired with a UQM TECHNOLOGIES, INC. (NYSE Amex: UQM) PowerPhase electric propulsion system, the BorgWarner eGearDrive(TM) transmission will propel the five-passenger CODA sedan at highway speeds while providing maximum powertrain efficiency. (Photo: http://www.newscom.com/cgi-bin/prnh/20090924/DE81116) "BorgWarner's 31-03 eGearDrive is a purpose built, high performance transmission that can be broadly adapted to a variety of electric propulsion systems," said John Sanderson, President and General Manager, BorgWarner Drivetrain Systems. "Designed for fast-to-market implementation, we expect this eGearDrive transmission to accelerate growth in the all-electric and hybrid electric vehicle segments." In addition to providing primary drive for front-wheel drive and rear-wheel drive electric vehicles and hybrid electric vehicles, BorgWarner eGearDrive systems enable launch assist, energy recovery, and AWD performance for the secondary-driven axle on any type of vehicle. Also available is an optional electronically actuated park lock system as well as various electronic driveline disconnect systems. Headquartered in Santa Monica, Calif., CODA Automotive is an all-electric car and battery company. The company designs, brands, markets and distributes electric vehicles utilizing a strategy that allows CODA Automotive to develop vehicles rapidly in a flexible manner, avoiding the traditionally capital-intensive nature of the automobile business. Through its exclusive transportation battery joint venture with Lishen Power Battery, China's main state-owned battery manufacturer, CODA is also a leading designer and large-scale manufacturer of power battery systems. "BorgWarner's commitment to excellence and leadership position in the powertrain component business made the company an ideal transmission supplier for the all-electric CODA," said Kevin Czinger, President & CEO CODA Automotive. "We're looking forward to working with BorgWarner." BorgWarner Drivetrain Systems produces highly engineered drivetrain technologies for the global vehicle industry. Key product segments include: Dual clutch modules; wet friction clutch components and systems; mechatronic transmission control modules; electro-hydraulic solenoid valves; mechanical clutch assemblies; all-wheel drive couplings, transfer cases and software/controls; and electric vehicle transmissions. These systems improve fuel economy and performance while enhancing vehicle stability. BorgWarner Drivetrain Systems is a trusted supplier to virtually every major light vehicle and automatic transmission producer in the world today. Auburn Hills, Michigan-based BorgWarner Inc. (NYSE:BWA) is a product leader in highly engineered components and systems for vehicle powertrain applications worldwide. The FORTUNE 500 company operates manufacturing and technical facilities in 60 locations in 18 countries. Customers include VW/Audi, Ford, Toyota, Renault/Nissan, General Motors, Hyundai/Kia, Daimler, Chrysler, Fiat, BMW, Honda, John Deere, PSA, and MAN. The Internet address for BorgWarner is: http://www.borgwarner.com/. Statements contained in this news release may contain forward-looking statements as contemplated by the 1995 Private Securities Litigation Reform Act that are based on management's current expectations, estimates and projections. Words such as "outlook", "expects," "anticipates," "intends," "plans," "believes," "estimates," variations of such words and similar expressions are intended to identify such forward-looking statements. Forward-looking statements are subject to risks and uncertainties, many of which are difficult to predict and generally beyond our control, that could cause actual results to differ materially from those expressed, projected or implied in or by the forward-looking statements. Such risks and uncertainties include: fluctuations in domestic or foreign vehicle production, the continued use of outside suppliers, fluctuations in demand for vehicles containing our products, changes in general economic conditions, and other risks detailed in our filings with the Securities and Exchange Commission, including the Risk Factors, identified in our most recently filed Annual Report on Form 10-K. We do not undertake any obligation to update any forward-looking statements. http://www.newscom.com/cgi-bin/prnh/20090924/DE81116 http://photoarchive.ap.org/ DATASOURCE: BorgWarner Inc. CONTACT: Erika Nielsen, +1-248-754-0422 Web Site: http://www.borgwarner.com/

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