Versigent PLC (NYSE: VGNT) is an automotive components company that designs, develops, and manufactures low voltage and high voltage electrical architectures for vehicles. Revenue is transactional, generated by supplying optimized vehicle architecture solutions to original equipment manufacturers (OEMs) that produce software-defined, electrified, and feature-rich vehicles. Versigent was spun off from Aptiv PLC on April 1, 2026, when Aptiv distributed all Versigent ordinary shares to Aptiv shareholders, separating Aptiv's Electrical Distribution Systems business into a standalone public company. The company employs approximately 8,000 scientists, engineers, and technicians across six technical centers in China, Germany, Mexico, Poland, and the United States (as of the 10-Q filed 2026-05-05). Total research and development investment, including engineering, was approximately $332 million for the year ended December 31, 2025, of which approximately $58 million was co-invested by customers and government agencies.

Revenue model

Transactional revenue from the sale of electrical architecture components and systems to automotive OEMs. Versigent recovers engineering and development costs over time by embedding them in component pricing. Customers and government agencies co-invest approximately 15% to 20% of annual engineering expenses (year ended December 31, 2025).

Products and services

Low voltage (LV) and high voltage (HV) electrical architectures for vehicles. Products support software-defined, electrified, and feature-rich vehicle platforms.

Customers and end markets

Primary customers are automotive OEMs manufacturing passenger and commercial vehicles. End market demand is tied to global automotive production volumes, vehicle electrification trends, and the shift toward software-defined vehicles.

Value-chain role

Tier-1 automotive supplier. Versigent sits between raw material and component suppliers and OEM vehicle assembly, providing engineered electrical distribution systems directly to vehicle manufacturers.

Geographic exposure

Global operations with manufacturing and technical centers in China, Germany, Mexico, Poland, and the United States. Products are manufactured in China and Mexico, among other locations. Operations are also present in Ukraine. Subject to USMCA trade framework and exposed to tariff and trade policy risk across North America, Europe, and Asia Pacific.

Source: SEC 10-Q, filed 2026-05-05

Industry: Motor Vehicle Parts & Accessories