The Texas Instruments SN74HCS595QWBQBRQ1 is an automotive-grade 8-bit serial-to-parallel shift register with tri-state outputs from the 74HCS logic family.
For an automotive line, that matters: once a shift register is soldered and conformal-coated, you do not want to respin the board because the logic part went obsolete.
What the ratings mean for the BOM
This part keeps the output data valid across the full automotive temperature envelope. The 2V to 6V supply range also simplifies the power tree. The tri-state outputs let multiple shift registers share a common data bus without contention.