Toyota Hybrid Mill Uses Borg-Warner's Custom-Designed Drive Chain
11 August 1998Borg-Warner Automotive Custom-Designed Drive Chain Part of New Toyota Hybrid Engine
CHICAGO, Aug. 10 -- In keeping with its 70-year tradition of product leadership and innovation, Borg-Warner Automotive has identified a new application for its custom-designed drive chain as part of the engine system for Toyota's first electric-and-gasoline hybrid vehicle, the Prius. Concerns about fuel economy and emission are driving the development of alternative technologies in the form of such vehicles, which combine electric and internal combustion powertrains to achieve extremely high levels of fuel economy and low emission levels. The Prius goes twice as far on a gallon of gasoline as an equivalent gasoline-powered model, yet does not suffer the range limitations of pure electric cars. Toyota announced recently that it is increasing production of the hybrid vehicle from 1,000 units a month to 2,000 units. Several other manufacturers are developing hybrid concepts that incorporate the Borg-Warner Automotive Morse TEC chain as well. "The incorporation of the Morse TEC chain in the Prius is consistent with our tradition of engineering products for leading-edge technologies, like the hybrid electric vehicle," said Ronald M. Ruzic, President and General Manager, Morse TEC. "It exemplifies the Borg-Warner Automotive commitment to product leadership, which has never been stronger." The Toyota hybrid engine configuration includes a battery pack that provides power for the electric motor, which drives the wheels, and an internal combustion engine that drives a generator, which recharges the batteries. The battery-powered electric motor is the primary source of power. Under certain conditions the internal combustion engine engages and runs the generator to enable recharging of the batteries. The Borg-Warner Automotive Morse TEC chain on the engine couples the electric motor to the final drive gearing. It helps drive the wheels during acceleration, and drives the motor during slow-down to recharge the batteries. Borg-Warner Automotive's Morse TEC operating group is the global leader in the design and manufacturing of automotive chain systems and components for engine timing, automatic transmission and four-wheel drive applications. Chicago-based Borg-Warner Automotive, Inc. is a product leader in highly engineered components and systems primarily for automotive drivetrain applications. The company operates manufacturing and technical support facilities in 12 countries serving the North American, European and Asian automotive markets. Statements contained in this press release which are not historical facts are "forward-looking" statements as contemplated by the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those projected or implied in the forward-looking statements. Such risks and uncertainties include fluctuations in domestic or foreign automotive production, the continued use of outside suppliers by original equipment manufacturers, and general economic conditions, as well as other risks detailed in the Company's filings with the Securities and Exchange Commission, including the Cautionary Statements filed as Exhibit 99.1 to the Form 10-K for the fiscal year ended December 31, 1997.