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Author Topic: Sevcon takes another leap  (Read 138 times)

Doug S

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Sevcon takes another leap
« on: July 18, 2017, 04:05:59 AM »

If you own any Sevcon stock, you'll be pleased to note that it jumped 60% today. An announcement has been made that they're going to be acquired by BorgWarner.
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BrianTRice

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Re: Sevcon takes another leap
« Reply #1 on: July 18, 2017, 04:13:41 AM »

What a bizarre corporate name, but there it is:
https://www.borgwarner.com/en/technologies
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MrDude_1

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Re: Sevcon takes another leap
« Reply #2 on: July 18, 2017, 08:37:46 AM »

So what do you think this means for zero?
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Doug S

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Re: Sevcon takes another leap
« Reply #3 on: July 18, 2017, 08:07:57 PM »

What a bizarre corporate name, but there it is:
https://www.borgwarner.com/en/technologies

Really? You're showing your age there, sonny. Borgwarner has been making high-performance transmissions forever. They're a huge favorite in the hot-rodding crowd.

As far as what it means for Zero, I can't imagine it means too much. I'm sure Zero was a valuable customer for Sevcon, and will continue to be for Borgwarner. I suppose there's a slight chance Borgwarner might sink a few more R&D dollars into helping develop niche markets like electric motorcycles, which would be very cool.
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