BorgWarner and Tesla Make Technologically Advanced Announcements in their Respective Spheres this Week
|   Wednesday, May 29, 2013
Borg Warner confirms that the firm will supply turbo charging for the four cylinder engines powering vehicles at Jaguar Land Rover. In order to enhance the firm's manufacturing capacity, BorgWarner plans to modernize its 35 year old arrangements at Bradford. The company is also looking forward to designing a new engineering department and the necessary infrastructure. This department will feature design, engineering, stimulation, production validation and testing laboratories.


BorgWarner is also quite concerned about the next generation of turbo chargers and as a result the company has set up an establishment, providing masters in turbo charger engineering. BorgWarner is confident that with their latest inventions and dedication, the company will be able to provide the best quality turbochargers to Jaguar Land Rover which will be designed exclusively for specific tasks. The turbochargers will also be highly efficient and lightweight.

The University is present to allow budding engineers to learn the secrets behind the working of a successful turbo charger and this will help the future generation understands the science of turbo charging better. This news comes in just as Jaguar Land Rover is planning an annual budget of £2.75 Billion for the next four years. The amount will be spent on enhancing current infrastructure as well as developing new technologies.

Jaguar Land Rover remains dedicated towards the European market and the firm could disclose a few new vehicles within the next few years. These cars are expected to feature radically advanced technology and is being looked upon. Jaguar Land Rover also plans for improving their service back up and retailer network and this feature collectively in the new plan.

Tesla has repaid the entire loan of £309.4 Billion to the US Department of Energy, nine years before the deadline. The loan amount was lent back in 2010 and required Tesla to match the sum with investments from private players. The loan was provided by the Advanced Technology Vehicle Manufacturing Program to make further breakthroughs in the field of regenerative energy in building automobiles. This repayment makes Tesla the only American car company to pay back its debt to the Government.

Spokespeople from Tesla said that people often mistake loans as Government bailouts and the latest developments are proof that things are not always like what they seem. The loan on the other hand was approved after sufficient proof was provided about the sound financial health of Tesla. The project was completed smoothly and Tesla is both happy and proud of what their engineers have been able to achieve.

Tesla has a few very interesting project up for launch and the loan amount was very helpful to reach the targets intended. Spokespeople from Tesla thanked the US Government, and the Department of Energy as well as the taxpayers whose money was used in the first place. The company described the moment as an iconic one and they hoped to serve the world with eco projects like this one in the future. This event seems to have been fairly successful in all spheres.
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