Investor Presentaiton

16 Battery Systems Business Positioned for Long-Term Growth True Addressable Market¹ for CV On-Hwy in EU+NA Estimated Global Battery Pack Sales ■NA ■ EU ~$1.3B ~$3.0B ~$4.2B ~$5.6B ~$250M ~$460M ~$700M to $800M 2023 2025E 2027E 2030E 2022 2023 2024E Further Growth Source: BorgWarner Global Market Research 1. Excludes in-house markets. BORGWARNER

View entire presentation