Aptiv was formed in 2017 when Delphi Automotive separated into two publicly-traded entities. The powertrain portion of Delphi became known as Delphi Technologies. Aptiv focused on electric vehicle architecture and driverless vehicle technology.
Shortly before the split, Delphi acquired Boston-based NuTonomy, for $400 million. Iagnemma founded NuTonomy.
Reuters reported in February that Hyundai Motor plans to invest about 14.7 trillion won in autonomous vehicle, connectivity and car-sharing technologies by 2023.
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