BorgWarner spinoff Phinia sees growth in ICE, alternative fuels

Phinia_NYSE 07052023-main_i.jpg — Brady Ericson (center), president and CEO of Phinia, and other officials celebrate the Auburn Hills-based manufacturer's debut on the New York Stock Exchange on July 5. (New York Stock Exchange)

By:

Crain's Detroit Business

July 12, 2023 09:50 AM

While battery electric is believed by many to be the future of the automotive industry, profits will be reaped from the internal combustion engine for decades to come, Phinia Inc. CEO Brady Ericson said.

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