Adient Capital Allocation and China Business Update
Case sharing: A successful growth path of Adient Chongqing
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How Adient Chongqing executed our recipe for success
The first seating supplier to enter NEV sector and
started to work with local NEV startups since 2015
Revenue with NEV startups grew 8 times within 3 years
Won 15 JIT program awards in FY22 with 70%+ new
business
ADIENT
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The org behavior has adapted to the needs and
mindset of Chinese customers
Rich experience in co-creating with customers without
functional boundaries
Executed employee engagement and DE&I culture
63% of the programs that Chongqing Tech Center is
working on in FY23 are for EV models
Develop the right products for China through practical
innovation on safety, reconfiguration, connectivity,
sustainability and comfort
Deliver what we committed, even with shorter
development time, frequent or late changes and
process and product differences
Provide rapid and prompt responses and service to
customers
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Achieved flawless launches for 5 consecutive years
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Received >10 customer and industry awards every year
Maintained resilience amid supply chain disruptions and
COVID-19 lockdowns
Invest in engineering capabilities and capacity - our
largest Tech Center is in China and will double
headcount in 5 years
Enhanced manufacturing capability and optimized
footprint to support business growth
1- Flawless launch metric as defined by management, including safety, quality, timeliness, and financial metrics
J.P. Morgan China Investor Meeting
Adient PUBLIC
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