Visteon (VC) investor relations material

Strategic Positioning and Industry Trends

• Leading the transition from hardware-defined to software- and AI-defined vehicles, leveraging a broad cockpit electronics and software portfolio to serve all vehicle segments globally.

• Expanded product offerings to include connectivity, camera modules, SmartCore HPC, OLED displays, and CognitoAI, aligning with industry trends toward centralized computing and AI integration.

• Diversified customer base, now serving 18 of the top 23 global automakers, with significant expansion into commercial vehicles and two-wheelers since 2019.

• Adapted strategy in response to slower EV adoption and increased competition, especially in China, by broadening product and customer portfolios and increasing exposure to high-growth markets.

• Focused on compounding technical, cost, and execution advantages through platform engineering, vertical integration, and talent development.

Product and Technology Innovation

• Developed SmartCore HPC and CognitoAI platforms to enable in-vehicle AI experiences, consolidating ECUs and reducing costs, with significant market share targeted in China.

• Proprietary display technologies and vertical integration allow for competitive, large-format displays, with content value per vehicle ranging from $125 to $1,000.

• M&A strategy and acquisitions in engineering services and software have strengthened capabilities in connectivity, UX/UI, functional safety, and software-defined radio.

• Platform-based approach enables rapid, cost-effective development and deployment of complex cockpit systems, with over 100 customer projects won in cockpit electronics and 80+ in displays in the past three years.

• AI-driven manufacturing and quality monitoring systems improve productivity, reduce downtime, and support margin expansion.

Regional and Customer Growth Dynamics

• Revenue is well diversified across Americas, Europe, Asia, and China, with each region adapting to unique market drivers such as regulation, digitalization, and premium content demand.

• Americas: Transitioning from legacy programs to higher-value display and CDC content, with new wins at Scout, Traton, International, and Oshkosh.

• Europe: Outpacing market growth through content expansion driven by regulation, with major wins at Audi, Mercedes, Scania, and Volvo.

• Asia: Strongest growth led by India and two-wheelers, with Toyota revenue expected to increase five-fold by 2029 and new plants in India and Thailand.

• China: Focused on premium and tech-first segments, securing over $1 billion in HPC program wins with Geely, Chery, and SAIC.