The automotive technology industry in the United States is booming. Compared to the industry’s traditional players, there are more tech companies than ever before. For example, Google has partnered with Waymo to develop driverless cars. Those who work in the field claim it is one of the most exciting areas of innovation. And the companies that work in this space are expanding all the time. It’s not surprising that these companies are a huge part of the US economy.
Investing in these companies will give you access to some of the hottest automotive technologies. Whether you’re building a car or developing new features, you’ll find many opportunities to get involved in the automotive technology industry. Some of the largest companies are listed below. These are just a few of the many automotive technology companies in the US. There are also a number of startups that have been making big news in the industry.
Aptiv: Previously known as Delphi, Aptiv has been developing smarter, safer, and connected transportation solutions. They have been focused on deploying large fleets of self-driving cars in challenging urban environments. In October 2017, Delphi Automotive PLC announced a deal to purchase nuTonomy, Inc. for $400 million. The partnership will be the first step towards fully autonomous vehicles. But it is not just about making cars and trucks more efficient, but it will also allow the companies to work together on new ways to improve their products and services.