Ford ((F) -Get Report) and Normal Motors ((GM) -Get Report) are betting massive that electrical automobiles are going to catch on with shoppers. The doubtless winner on this effort is an Irish firm you most likely don’t know a lot about.On Wednesday, Ford introduced a $700 million growth of a manufacturing unit to construct an electrified F150 truck. To not be not noted, GM unveiled extra information about Ultium, its new electrical drive system. Electrification is coming. And but, buyers are largely asleep on the wheel.Their skepticism stems from the Tesla ((TSLA) -Get Report) story. Regardless of a high-flying stock price and a star chief govt, Tesla remains to be largely making losses as a result of it’s spending closely whereas making too few automobiles.Constructing new crops and a nationwide charging community is difficult and costly work. It additionally turns a vibrant gentle on the truth that the Silicon Valley upstart stays a manufacturing pipsqueak.Via December 2019, Tesla manufactured solely 365,300 automobiles, in line with Statista, an internet information analytics agency. That determine appears insignificant in comparison with general home manufacturing of 17,047,725.Ford, GM and the remainder of the key automakers needed to determine if actually they wished to go down the electrification route when a practical return on funding could be years away. They made their alternative. Now Detroit, Bavaria and Asian carmakers are all-in. Excessive-end EVs from Audi and Porsche will likely be right here subsequent yr. It is a signal for buyers to start out waking up.The Wall Street Journal reported in January that GM plans to enter the high-end EV market with a throwback to the glory days of fossil fuels. A smaller Hummer design will ditch its gas-guzzling methods for an electrical skateboard drivetrain. That modular platform, Ultium, will likely be used for brand new electrical SUVs and pickup vans, too.Ultium’s versatility was on full show Wednesday. GM managers confirmed off interchangeable battery programs, motors and drivetrain in a number of configurations for automobiles of all sizes and shapes. Ford is electrifying its most vital journey, the best-selling F-150 pickup. Mangers declare the EV can have extra energy, quicker acceleration and would require 40% much less upkeep than its fuel powered cousin. These are massive claims, particularly given a big contingent of Ford pickups are purchased by personal contractors and fleets to haul drywall, lumber and bricks.However you shouldn’t chase this automobile maker, or another for now. In any case, the tech behind them would be the identical. So, as a substitute of dangerous bets on GM. Ford or Tesla, I’ve a distinct method.One of the simplest ways to play this pattern could possibly be Aptiv PLC ((APTV) -Get Report). The Irish agency builds greener, safer and extra related software program options for the following era of cars.Throughout a January presentation on the J.P. Morgan Tech/Auto Discussion board, Glen De Vos, chief expertise officer at Aptiv, famous that many automakers are pushing ahead with autonomous car tasks with the expectation that limited-scope driverless automobiles will likely be energetic in 2020. Scale deployment is anticipated in 2025.De Vos says automakers know that the one solution to get there’s with a brand new, absolutely digital platform based mostly on electrification.Automobile makers intend to launch 45 new high-voltage platforms by 2022, spanning tons of of automobiles and 13% of worldwide car manufacturing, in line with an Aptiv investor presentation in June. The Dublin, Eire-based firm has booked $4.5 billion in new orders since 2016. And high-voltage electrification system gross sales are anticipated to climb to $1 billion yearly by 2022, a 40% compound development charge.Aptiv received contracts in 2019 for the Tesla Model Y and Model three launching in China. The corporate additionally received the contract to provide the low-voltage battery system for the Fiat 500 BEV. Aptiv is a spin out firm from Delphi Automotive ((DLPH) -Get Report). the large automotive powertrain provider. The corporate cut up September 2017, with Aptiv changing into the brand new face of its superior electronics companies for the self-driving, related and electrical automobile markets.Shares commerce at 23.7x ahead earnings and 1.8x gross sales. The market capitalization is $22.eight billion.Given the potential dimension of the marketplace for car electrification market, and the very fact main part patrons like Ford and GM at the moment are on the brink of ramp up manufacturing, these metrics look cheap.After climbing to a brand new in January, Aptiv Shares are down 10% in 2020. Longer-term buyers ought to take into account shopping for the stock on any decline into the $65 vary.