 BorgWarner Inc. BWA, 2.06 announced Tuesday and equity transfer agreement to buy the electric vehicle EV charging business of China-based Hubei Surpass Sun Electric SSE in a deal valued at up to RMB410 million 58.5 million. The deal includes RMB267 million to be delivered around the closing, which is expected to occur in the first quarter of 2023, and up to RMB143 million in the form of contingent payments over two years after closing. 