BorgWarner expects 33% growth in CV electrification market in next three years
Electrified CV market to touch 115,000 units by 2020
Amid growing electrification in commercial vehicle (CV) segment, BorgWarner expects a compounded annual growth rate (CAGR) of 32.9% in the hybrid and electric CV market between 2017 and 2020, the company announced in a press release on 25 September.
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