- Delphi Technologies PLC (NYSE: DLPH) — a global provider of automotive propulsion systems — announced recently that it achieved a major win with a premium European OEM to supply its 800-volt inverters for the OEM’s next generation of battery electric vehicles (BEVs)
Delphi Technologies PLC (NYSE: DLPH) — a global provider of automotive propulsion systems — announced recently that it achieved a major win with a premium European OEM to supply its 800-volt inverters for the OEM’s next generation of battery electric vehicles (BEVs). This major win is Delphi’s second-largest power electronics award and it strategically positions the company as a leading supplier of inverters and related technologies for future BEVs globally.
This announcement also follows on the heels of recent business wins in China for power electronics. And combined with its landmark 800-volt win secured in 2019, Delphi is now positioned to be the major inverter supplier to three of the top four global premium OEMs in the world.
These wins were the result of Delphi Technologies’ strategic investments since it became an independent public company to globally expand its electrification capabilities, including engineering, testing, and manufacturing to meet the changing market dynamics for propulsion systems in the automotive industry.
This award is expected to launch in 2024 across the customers’ BEVs and will also be the first introduction of Delphi Technologies’ sixth generation of its proprietary Viper power switch. And this inverter enables electrical systems up to 800 volts, significantly extending electric vehicle range and halving charging times compared to today’s state-of-the-art 400-volt systems. And the technology — which supports multi-voltage platforms — is an evolution of the company’s proven high-voltage inverter and builds on 25 years of vehicle electrification experience.
IHS estimates that up to 45% of global vehicle production will be electrified by 2025 with around 46 million electrified vehicles being sold annually, rising to up to 57% by 2030 (around 62 million vehicles per year). And inverters are one of the highest-value electrification components and their efficiency has an industry-changing impact on many aspects of vehicle performance.
Delphi Technologies designed its inverter technology to simplify vehicle manufacturers’ multi-voltage strategies as they extend their electric and hybrid vehicle ranges. And the company’s Electrification & Electronics product engineering and manufacturing is strengthened by its extensive global footprint with regional capabilities and support from qualified supply chain partners.
“We take great pride in knowing we have earned the respect of our customers to trust us with major shares of their most important e-drivelines. To be an industry leader in the highly competitive electrification market is reflective of the pioneering technologies and remarkable engineering talent within our organization. Our recent investments in electrification are starting to pay off.”
— Delphi Technologies CEO Rick Dauch
“We believe that securing this premium platform inverter business will allow us to capture additional volume on larger vehicle platforms to be sourced in 2021.”
— Kevin Quinlan, senior vice president and general manager, Electrification & Electronics at Delphi Technologies