Delphi Technologies, which provides global solutions in automotive after-sales services under the umbrella of BorgWarner, draws attention with its investments in smart mobility technologies. Finally, the company has made new collaborations with high-tech start-ups focused on developing after-sales solutions for smart mobility technologies.
In this context, Delphi Technologies joined forces with NEXUS Automotive International and Mobilion Ventures start-ups. Within the scope of the said cooperation, a three-year investment was made in the venture capital fund called Mobilion. With this investment, Delphi Technologies; It gains a significant advantage in areas including advanced control and security systems, fleet management and navigation, electric vehicle solutions and communication & connectivity systems. The company has unparalleled access to aftermarket products, services, tools and training being developed in these areas by entrepreneurs around the world. In addition, with this initiative, which is the first example in its field, it is expected that the time to launch new products and services to the market will accelerate by up to 60 percent and new business opportunities will be created in the sector.
Delphi Technologies, which develops future-oriented solutions for automotive equipment under the umbrella of BorgWarner, makes a name for itself with the support it provides to start-up initiatives in the field of smart mobility technologies. Delphi Technologies recently made a significant investment in NEXUS Automotive International and Mobilion Ventures start-up companies. With a 3-year investment in a venture capital fund called Mobilion, Delphi Technologies; It provides significant access to areas including advanced control and security systems, fleet management and navigation, electric vehicle solutions and communication & connectivity systems. Delphi Technologies, which will provide advantages in areas such as after-sales products and services, tools and training in these areas, will further increase its effectiveness in international competition. In addition, this initiative, which is a first in its field, is expected to accelerate the time to market for new products and services by up to 60 percent. Thus, it is aimed to make a difference in a market that requires rapid response to global CASE demands and sustainability initiatives.
Strong competition and new opportunities in the mobility market
Thanks to its speed and agility, the Mobilion Ventures initiative can reduce the standard 5-6 year development period to 2 or 3 years. This advantage gives Delphi Technologies the opportunity to diversify its portfolio and gives its customers a significant competitive edge in the rapidly changing mobility market. Neil Fryer, Vice President, After Sales, Global Marketing, Product and Strategy, Delphi Technologies said, “Smart mobility in 4 core connectivity areas: connectivity, autonomy, sharing and electrification (CASE) is already changing our world for the better. “We will always be a leader in these exciting developments, as this fund will enable us to quickly access the newest ideas using the latest technologies and influence the development and release of these ideas.”
Avi Feldman, Founder and Managing Partner of Mobilion Ventures, stated that Delphi Technologies has put forward a strategic perspective in choosing the best startups to invest in; “We are fortunate to have Delphi Technologies as one of our funding partners because it gives us unique advantages in the marketplace. Thus, we can clarify the areas that need improvement before making the investment and plan with our partners for the right market approach that will result in the best technologies and innovations.” “This investment in the smart mobility segment is an important initiative and as such we maintain our leading position in groundbreaking aftermarket solutions,” Fryer said. While governments and automotive companies implement strategies for more efficient and sustainable mobility, the fund will enable us to use new technologies that will increase innovation more. This will translate into multiple commercial opportunities for our customers, enabling us to offer them after-sales products and services that will maximize their future revenue opportunities.”