On 5 December 2017 Delphi Automotive renamed itself Aptiv and spun off its powertrain and aftermarket related businesses to a stand-alone company Delphi Technologies PLC. The $4.5 billion company began trading under the former Delphi Automotive symbol DLPH on the New York Stock Exchange. It was added to the S&P MidCap 400 Index on 6 December 2017.
The company provides combustion systems, electrification products and software and controls, and operates in the passenger car and commercial vehicle markets, and in vehicle repair through a global aftermarket network. The company has 20,000 employees including 5,000 engineers. It is headquartered in London, U.K. and operates technical centers, manufacturing sites and customer support services in 24 countries.
Upon the formation of Delphi Technologies, Liam Butterworth, head of the former Delphi Automotive's global powertrain business since 2014, was named CEO. In October 2018, he left the company, and director and former Tenneco COO Hari Nair was named interim CEO. On 7 January 2019 Richard Dauch was named new CEO.
On 28 January 2020, BorgWarner Inc. agreed to buy Delphi Technologies to buy 84% stake that values Delphi at about $3.3 billion. The deal was completed in October 2020.