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The path to electrification April 11, 2018

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Page 1: The path to electrification · 3 Comprehensive electronics portfolio for the challenges of today and tomorrow Deep engineering know-how with a comprehensive portfolio of advanced

The path to

electrification

April 11, 2018

Page 2: The path to electrification · 3 Comprehensive electronics portfolio for the challenges of today and tomorrow Deep engineering know-how with a comprehensive portfolio of advanced

Forward-looking Statements

This presentation, as well as other statements made by Delphi Technologies PLC (the “Company”), contain

forward-looking statements that reflect, when made, the Company’s current views with respect to current events,

certain investments and acquisitions and financial performance. Such forward-looking statements are subject to

many risks, uncertainties and factors relating to the Company’s operations and business environment, which may

cause the actual results of the Company to be materially different from any future results. All statements that

address future operating, financial or business performance or the Company’s strategies or expectations are

forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking

statements are discussed under the captions “Risk Factors” and “Management’s Discussion and Analysis of

Financial Condition and Results of Operations” in the Company’s filings with the Securities and Exchange

Commission. New risks and uncertainties arise from time to time, and it is impossible for us to predict these

events or how they may affect the Company. It should be remembered that the price of the ordinary shares and

any income from them can go down as well as up. The Company disclaims any intention or obligation to update or

revise any forward-looking statements, whether as a result of new information, future events and/or otherwise,

except as may be required by law.

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Page 3: The path to electrification · 3 Comprehensive electronics portfolio for the challenges of today and tomorrow Deep engineering know-how with a comprehensive portfolio of advanced

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Comprehensive electronics portfolio for the challenges of today and tomorrow

Deep engineering know-how with a comprehensive portfolio of advanced propulsion solutions

Advanced software & systems integration capabilities

Differentiated power electronics offerings capturing increasing content per vehicle (CPV)

Industry-leading technologies for future vehicle design

Delphi Technologies: Key partner for electrification

A leader in electrification

Page 4: The path to electrification · 3 Comprehensive electronics portfolio for the challenges of today and tomorrow Deep engineering know-how with a comprehensive portfolio of advanced

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Vehicle content and complexity driving future propulsion

2015 2020 20252010

Full cloud connectivity

Safety eco-system

Smartphone integration

Assisted automation Conditional automation Fully autonomous

Internet of thingsIncreasing personalization

Increasing levels of autonomy

US: 25 MPG US: 34 MPGEU: 42 MPGCN: 34 MPG

US: 42 MPGEU: 58 MPGCN: 47 MPG

US: 54.5 MPG*EU: 68 MPG (Proposed)CN: 59 MPG (Proposed)

Convergence of megatrends driving increased electrification and systems

*Mid-term evaluation under review

Page 5: The path to electrification · 3 Comprehensive electronics portfolio for the challenges of today and tomorrow Deep engineering know-how with a comprehensive portfolio of advanced

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Light-duty hybrids expected to grow

Source: IHS January 2018

0

20

40

60

80

100

120

2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

Mill

ions

6M

10M

21M

14M

34M

21M

31M

55M

9M

13M

32M

11M

27M

20M

45M

47M

Annual electrified vehicles sold forecasted to increase in the next 10 years: ~37 m by 2025

Electric vehicles

Full hybrids & PHEVs

48V mild hybrids

Alternate fuels

Diesel

GDi gasoline

PFI gasoline

Electrification mix unclear after 2023 as OEMs adjust to meet stringent regulatory targets

Page 6: The path to electrification · 3 Comprehensive electronics portfolio for the challenges of today and tomorrow Deep engineering know-how with a comprehensive portfolio of advanced

66

China HQ for electrical & electronics, complementing global engineering capabilities

Power electronic technical centers in all regions:

Shanghai and Suzhou, China

Bascharage, Luxembourg

Kokomo, IN, USA

Expanding manufacturing capability:

Launching manufacturing, Suzhou, China

Established manufacturing, Kokomo, IN, USA

Page 7: The path to electrification · 3 Comprehensive electronics portfolio for the challenges of today and tomorrow Deep engineering know-how with a comprehensive portfolio of advanced

71. Total addressable content per vehicle market (TAM) for electrified vehicles2. Low voltage content per vehicle based off average mid size sedan with no powertrain electrification or incremental content additions3. ICE content per vehicle based off gasoline GDi, 2-step variable valvetrain internal combustion engine in 2023 and beyond

Path to electrification

CO2

~15%Reduction

CO2

~25%Reduction

CO2

~50%Reduction

CO2

~100%Reduction

CPV

~$450

CPV

~$1,200

CPV

~$1,500

CPV

~$1500

48 VOLT MILD HYBRID PLUG-IN HYBRIDFULL HYBRID ELECTRIC VEHICLE

ICE CPV

~$300

ICE CPV

~$300ICE CPV

~$300

Electrification solutions enhance vehicle performance and reduce CO2

Page 8: The path to electrification · 3 Comprehensive electronics portfolio for the challenges of today and tomorrow Deep engineering know-how with a comprehensive portfolio of advanced

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Power electronics electrification (CPV example)

Dual Inverter

Inverter & DC/DC Converter

(CIDD)

ElectrificationCPV*

~$1,800

Volvo XC90 T8 - PHEV

ElectrificationCPV*

~$2,200

Other power electronics content:

DC/DC Converter, On-Board Charger, Battery

Management System, Hybrid Control Unit

Other power electronics content:

Inverter, On-Board Charger, Battery Management

System, Hybrid Control Unit

Chevrolet Volt - PHEV

Power electronics content requirements are increasing

*CPV represents power electronics only

Page 9: The path to electrification · 3 Comprehensive electronics portfolio for the challenges of today and tomorrow Deep engineering know-how with a comprehensive portfolio of advanced

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Portfolio: electronics and software

Automotive grade electronic solutions – integral to current and future propulsion systems

Transmission

controller

Gasoline

engine controller

Motor

controller

Aftertreatment

controller

Diesel

engine controller

Custom

ASIC

Broad range of electronic controls and software Full suite of power electronics

Propulsion

domain controller

$4BLifetime bookings1

Through end of

2017

Software

011001

100111

101100

Combined

Inverter-Converter

On-board

Charger

DC-DC

Converters

Inverters

Page 10: The path to electrification · 3 Comprehensive electronics portfolio for the challenges of today and tomorrow Deep engineering know-how with a comprehensive portfolio of advanced

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What is ‘energy’?

Ability to

“get things done”

EV: Battery holds energy

Kilowatt-hours (kWh)

Energy

ICE: Fuel tank holds energy in

the fuel (gallons)

EV = Electric VehicleICE = Internal Combustion Engine

Page 11: The path to electrification · 3 Comprehensive electronics portfolio for the challenges of today and tomorrow Deep engineering know-how with a comprehensive portfolio of advanced

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Ability to “get things done”

EV: Battery holds energy

Kilowatt-hours (kWh)

ICE: Fuel tank holds energy in the fuel

What is ‘energy’ and what is ‘power’?

Energy Power

How fast “things get done”

EV: motor power in kilowatts

Typically 80 to 120 kilowatts

ICE: engine power in horsepower

EV = Electric VehicleICE = Internal Combustion Engine

60W

Page 12: The path to electrification · 3 Comprehensive electronics portfolio for the challenges of today and tomorrow Deep engineering know-how with a comprehensive portfolio of advanced

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What does this mean to you and your car?

Energy gives Range

Energy determines how far the car can go

ICE: Size of the fuel tank and the amount of fuel in the tank

EV: Size of the battery pack and the “state of charge”

Page 13: The path to electrification · 3 Comprehensive electronics portfolio for the challenges of today and tomorrow Deep engineering know-how with a comprehensive portfolio of advanced

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EV: Size of the battery pack and the “state of charge”

What does this mean to you and your car?

Energy gives Range Power gives Acceleration

A sports car will have an engine or electric motor with a higher power rating

Energy determines how far the car can go Power determines how quickly car can accelerate (“0-60” time)

ICE: Size of the fuel tank and the amount of fuel in the tank

Page 14: The path to electrification · 3 Comprehensive electronics portfolio for the challenges of today and tomorrow Deep engineering know-how with a comprehensive portfolio of advanced

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Let’s build an electric vehicle

?

Page 15: The path to electrification · 3 Comprehensive electronics portfolio for the challenges of today and tomorrow Deep engineering know-how with a comprehensive portfolio of advanced

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Let’s build an electric vehicle

Light switch to control the

power?

Page 16: The path to electrification · 3 Comprehensive electronics portfolio for the challenges of today and tomorrow Deep engineering know-how with a comprehensive portfolio of advanced

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Let’s build an electric vehicle

No, not a smooth drive

Page 17: The path to electrification · 3 Comprehensive electronics portfolio for the challenges of today and tomorrow Deep engineering know-how with a comprehensive portfolio of advanced

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Let’s build an electric vehicle

Inverter

Inverter enables smooth control of power to the e-motor

Page 18: The path to electrification · 3 Comprehensive electronics portfolio for the challenges of today and tomorrow Deep engineering know-how with a comprehensive portfolio of advanced

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What is inside an inverter?

Three main components are necessary for e-motor operation

Capacitor

Computer

- Includes Software

- Custom integrated circuits (6) Big

transistors

Page 19: The path to electrification · 3 Comprehensive electronics portfolio for the challenges of today and tomorrow Deep engineering know-how with a comprehensive portfolio of advanced

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The inverter: a complex electronics assembly

TOP COVER

CONTROL CIRCUIT BOARD

CASTING

TOP COOLING RAIL

BOTTOM COOLING RAIL

BUSBAR ASSEMBLY

BUSBAR ASSEMBLY

POWER CIRCUIT BOARD

GATE DRIVE CIRCUIT BOARD

CASTING

CAPACITOR

Each circuit board has roughly 500 to 1,500 components to be

integrated

Engineering intellectual property from silicon design to packaging

Built-in inverter intelligence through software control

Capabilities for extreme thermal management

High manufacturing capability that supports complex packaging

Not all details are shown

Engineering know-how

Page 20: The path to electrification · 3 Comprehensive electronics portfolio for the challenges of today and tomorrow Deep engineering know-how with a comprehensive portfolio of advanced

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A necessity for power electronic reliability

Automotive grade

Extreme requirements create a high barrier to entry

Vibration

Multiple g-forces

Temperature

-40°C to 125°C

Humidity

~90%

Salt, dust,

dirt, fluids

Lifetime

+10 years

Page 21: The path to electrification · 3 Comprehensive electronics portfolio for the challenges of today and tomorrow Deep engineering know-how with a comprehensive portfolio of advanced

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Delphi Technologies’ patented Viper power switch

Large transistor and a diode

Combined in a proprietary thermal package

Wire bonds eliminated

“Viper” innovation enables effective inverter thermal management

Page 22: The path to electrification · 3 Comprehensive electronics portfolio for the challenges of today and tomorrow Deep engineering know-how with a comprehensive portfolio of advanced

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(6) Viper switches with double-sided cooling

Heat sink

(liquid cooled)

Viper switch

Heat sink

(liquid cooled)

(Simplified)

Double-sided cooling: 2X better heat transferLess silicon -> lower cost

Zero wire bonds – higher reliability

Compact

High performance, cost-effective

Scalable & “future-proof”

(6) Viper power switches

(6) Viper switches packaged

between 2 heat exchangers

Page 23: The path to electrification · 3 Comprehensive electronics portfolio for the challenges of today and tomorrow Deep engineering know-how with a comprehensive portfolio of advanced

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Strong inverter value proposition

30% smaller

40% lighter

25% higher power

density

IP on Viper power switch device with

double-sided cooling

Application packaging flexibility

Technology path includes silicon carbide

Displaced

competitor’s inverter

Delphi Technologies

inverter

Engineering know-how

Preferred power electronics supplier providing differentiated solutions

Page 24: The path to electrification · 3 Comprehensive electronics portfolio for the challenges of today and tomorrow Deep engineering know-how with a comprehensive portfolio of advanced

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Our electronics portfolio enables an electric vehicle

Inverter converts DC energy from the battery into AC power to drive the motor

INVERTER

Page 25: The path to electrification · 3 Comprehensive electronics portfolio for the challenges of today and tomorrow Deep engineering know-how with a comprehensive portfolio of advanced

Automotive electronics technology leader

Software, controls & system integration expertise

Key partner on the path to electrification

Driven to make a difference

Summary

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Page 26: The path to electrification · 3 Comprehensive electronics portfolio for the challenges of today and tomorrow Deep engineering know-how with a comprehensive portfolio of advanced