A turbocharger uses the heat energy from exhaust gases to drive a turbine, which spins an air compressor to force more air into the engine. This allows more fuel to be burned, increasing engine power. A turbocharger has a turbine and compressor wheel connected by a shaft. Boost pressure is controlled using a wastegate valve. Turbochargers provide advantages like increased power and fuel efficiency but can experience failures if lubrication is inadequate.