The split will follow a series of moves, partnerships, acquisitions and agreements with technology companies this year. The company will develop safety components, software and computing platforms to make the “brain and nervous system” of the vehicle, among other technological ventures.ĭelphi Technology’s powertrain development will work with both internal combustion engines and electrified cars. Connected and autonomous vehicles are expected to generate billions of dollars in revenue, and auto suppliers and carmakers are looking for ways to make money off the information gathered from the cars of the future.Īptiv’s technology efforts will be comprised of Delphi’s current electrical and electronic facets of the company. Aptiv will continue that push toward developing self-driving systems, and aims to capitalize on capturing and monetizing big data, which is seen as the next big thing in the auto industry. Zachary Peterson, Delphi spokesman, said both companies will remain headquartered on Delphi’s Troy campus, but in separate buildings.ĭelphi, once a bankrupt company, recently transitioned into the high-margin automotive technology sector. The split is expected by March 2018 and is another step in Delphi’s recent reinvention. The tier-one supplier had announced in May that it would spin off its powertrain business to intensify its focus on autonomous vehicle efforts and the technology that supports them. The company announced the new names to investors Wednesday at Delphi’s Investor Day in Boston.
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