BorgWarner Inc. (NYSE:BWA) is looking for acquisitions. Kevin Nowlan, Chief Financial Officer said, "Well, it's still going to be very much focused on technology. I mean that's the -- that's what we're looking at as we look at acquisition candidates.

And I think there's really different ways you might see that manifest itself. We look at existing products that we have or places that we play today in the electrified propulsion of the vehicle. And we look where we might have gaps in a particular product area.

Or maybe we lack scale or we lack product leadership in a particular product category. That's one place we'll look at as it relates to potential acquisitions. And I think as you think about the types of companies we'd be looking at, they're probably going to look a lot more like an AKASOL, like a model line or very much a portfolio concentrated in EV products, than a Delphi.

And that's not to say the Delphi transaction was bad. I think it's been a fantastic transaction for us in a lot of different ways. But I think as we look to the future and doing additional acquisitions, we're very much focused on those that come with probably less of a combustion legacy and more focused in the EV space in particular".