FY 2023 Second Quarter Earnings Call
Strengthening our leading position and solidifying
supplier of choice status
> Underpinned by solid execution, Adient continues to win a strong mix of EV
and ICE platforms across regions, including wins in the luxury, SUV, and mass
market segments
> Wins include replacement business, conquest wins, and brand-new platforms, >
with an emphasis on vertical integration and profitability
>
New Toyota compact EV SUV
won, to be produced in Tianjin
Vehicle co-developed by
Toyota and BYD
Sourcing includes complete
value chain with a strong
partner on a brand-new EV
program
Kia New SUV
Complete Seat
Foam, Trim
Mercedes EQC
Complete Seat
Foam, Trim, Metals
Toyota Compact SUV
Complete Seat
Foam, Trim, Metals
.00,
Stellantis Grandland X
Complete Seat
ADIENT
Observations
from Shanghai
China remains the world's largest auto
market
Despite short-term constraints (i.e., price
war and consumers' "wait and see"
mindset), the long-term growth story
remains intact - especially for EVs
Chinese OEMs are expanding their share
significantly across all price segments
> Vehicle exports from China are growing
Adient's leading capabilities and strong
market presence continue to underpin
significant business wins
On-track to achieve FY23 sourcing target of
>$1B across China NEV start ups and
global manufacturers -- including a
significant amount of NEVS
FY2023 Second Quarter Earnings Call
Adient PUBLIC
May 3, 2023
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