Aptiv

Aptiv PLC (NYSE: APTV) is a leading global technology company serving transportation, aerospace and defense, telecommunications, and industrial markets, with a primary focus on automotive technology solutions. Headquartered in Dublin, Ireland, Aptiv operates 127 major manufacturing facilities and 12 major technical centers across 46 countries, employing approximately 141,000 people globally. With annual revenue of $19.7 billion in 2024, the company serves the 25 largest automotive OEMs worldwide, positioning itself as a critical supplier in the transformation of the automotive industry toward electrification, automation, and connectivity.

The company operates through two diversified business segments: Signal and Power Solutions, which provides complete vehicle electrical systems including wiring and cable assemblies, electrical centers, and connection systems; and Advanced Safety and User Experience, which delivers advanced software and sensing systems, computing platforms, automated driving solutions, and user experience technologies. Aptiv's unique position as the only provider of both the brain (software and compute) and nervous system (power and data distribution) of vehicles enables the company to conceive, specify, and deliver advanced vehicle architectures for the future of mobility.

Under the leadership of CEO Kevin P. Clark, who was named Chair and CEO in 2022 after serving as President and CEO since 2015, Aptiv has strategically evolved from its origins as Delphi Automotive through a major corporate split in December 2017. The company acquired Wind River Systems for $4.3 billion in January 2022, significantly enhancing its software-defined vehicle capabilities with real-time operating systems expertise. Aptiv maintains a strong commitment to innovation, investing heavily in advanced driver assistance systems (ADAS), autonomous driving technologies, and electric vehicle solutions. In 2024, 29% of Aptiv's net sales came from the Asia Pacific region, identified as a key growth market, with plans to operate 70% of its overall business in the Chinese market by 2028.

Aptiv is pursuing a strategic transformation, announcing plans to separate its Electrical Distribution Systems business by March 31, 2026, as a tax-free spin-off to shareholders. This separation will create two independent companies better positioned to address the evolving needs of automotive customers in the age of software-defined vehicles. The company has been recognized as a Most Loved Workplace, featured in Newsweek's Most Loved Workplaces in 2023, and named one of TIME's World's Best Companies of 2023, reflecting its commitment to fostering an innovative and inclusive workplace culture.