Latest News Release
August 29, 2023
Aptiv Plc is a technology and mobility architecture company, which engages in the business of designing and manufacturing vehicle components; providing electrical, electronic, and active safety technology solutions to the global automotive and commercial vehicle markets; and creating the software and hardware foundation for vehicle features and functionality.
It operates under the Signal and Power Solutions; and Advanced Safety and User Experience segments.
The Signal and Power Solutions segment focuses on the design, manufacture, and assembly of the vehicle’s electrical architecture including engineered component products, connectors, wiring assemblies, harnesses, cable management, electrical centers, hybrid high voltage, and safety distribution systems. The Advanced Safety and User Experience segments is involved in critical technologies and services to enhance vehicle safety, security, comfort, and convenience including sensing and perception systems, electronic control units, multi-domain controllers, vehicle connectivity systems, cloud-native software platforms, application software, autonomous driving technologies, and end-to-end DevOps tools.
The company was founded in 1994 and is headquartered in Dublin, Ireland.
The company bought the self-driving startup NuTonomy for $450 million in October 2017.
The company divested its powertrain division and aftermarket related businesses (now Borg Warner's Delphi Technologies division) in December 2017 and changed its name to Aptiv PLC.
In August 2019, Aptiv and Hyundai Motor Group announced plans to establish a $4 billion autonomous driving joint venture in which the firms would each have a 50% stake. The companies said the joint venture, which would have its headquarters in Boston, would focus on advancing the “design, development and commercialization of SAE Level 4 and 5 autonomous technologies.” The joint venture deal was completed in March 2020 and was named Motional in August 2020.
In January 2021, Aptiv revealed a new platform for automated driving that can be applied on various vehicles and that carmakers can upgrade wirelessly.
On 11 January 2022, Aptiv announced that they had acquired Wind River Systems, a company known for its development of real-time operating systems.