It was announced this morning that Borg Warner (BWA) will provide the turbocharger technology for the new Ford (F) fuel efficient EcoBoost engine to debut this year. The combined turbocharging and fuel injection technology aims to increase fuel efficiency by 20%.
“Pairing BorgWarner’s advanced turbocharging technology with Ford’s gasoline direct injection on the EcoBoost engines allows drivers to experience the benefits of up to 20% better fuel economy without sacrificing performance or comfort,” said Roger Wood, President and General Manager, BorgWarner Turbo & Emissions Systems. “We are pleased to work with Ford to optimize these benefits so that millions of consumers will enjoy exceptional engine responsiveness with more miles to the gallon.”
Shares of BWA aren’t moving on the news, but looking quite bullish with a recent breakout from a large cup with handle base on the weekly chart. Back in May, Alison highlighted both Borg Warner (BWA) and Johnson Controls (JCI) as top fuel efficiency plays.