Aptiv partners to create $4 billion joint venture
Published 7:15 pm Tuesday, September 24, 2019
Aptiv, which operates a plant in Brookhaven, is partnering with Hyundai to create a $4 billion autonomous driving joint venture.
Aptiv, headquartered in Dublin, will own 50 percent of the venture and will contribute its autonomous driving technology and about 700 employees to focus on autonomous driving.
The project will focus on testing fully driverless systems in 2020 and hopes to have a production-ready autonomous driving platform available for fleet operators and automakers in 2022, according to Reuters.
The companies said their technology would be tested and developed across Asia, Europe and the United States to offer products tailored to major markets. The joint venture will be based in Boston.
Aptiv, which manufactures vehicle components and provides technology for self-driving cars, was formerly known as Delphi Automotive.
When the name change took place, company leaders said the Brookhaven plant would be the source of software and vehicle architecture expertise for the company’s advanced safety and automated driving efforts.
The plant has been in operation since 1977. The company currently lists four open positions at its Brookhaven location: quality engineer, senior quality engineer, quality manager and manufacturing engineer manager.