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BORGWARD Agrees to Strategic Partnership With Engineering Services Company FEV


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Establishment of "BORGWARD Group AG Engine Technology Research Institute in cooperation with FEV"

Creation of up to 50 jobs

In accordance with this partnership, the Stuttgart automobile manufacturer is to establish the "BORGWARD Group AG Engine Technology Research Institute in cooperation with FEV" in Aachen. The purpose of this institute will be to develop new and alternative drive technologies and platforms and to conduct analysis into product strategies, market launch, technology transfer, toolmaking, and the development of training programmes. The institute will employ between 40 and 50 people.

BORGWARD has worked closely with FEV since 2010. The results of this collaboration include the development of four petrol and diesel engines and their preparation for series production. In addition, FEV has supported BORGWARD in the development of other energy-saving and environmentally friendly engines, which are likewise ready for series production.