Automotive supplier BorgWarner has acquired two Oregon-based companies specializing in EV technology: Rinehart Motion Systems and AM Racing. The two newly acquired companies will be merged into a single company called Cascadia Motion.
Cascadia Motion will target customers with low-volume, specialty EV applications. Before the acquisition, Rinehart Motion Systems developed propulsion inverters and controls for EVs, and AM Racing designed single- and dual-core electric motors and gearsets. Both companies served market segments including professional motorsports, motorcycles, specialty road cars, buses, and heavy-duty vehicles.
“Rinehart Motion Systems and AM Racing are two established companies in the specialty electric and hybrid propulsion sector,” said BorgWarner CTO Hakan Yilmaz. “Bringing them together as Cascadia Motion will allow us to offer design, development and production of full electric and hybrid propulsion systems for niche and low-volume manufacturing applications.”