Analysis of the key themes driving M&A activity reveals that artificial intelligence accounted for 4 automotive deals announced in Q2 2023, worth a total value of $71m. The $71m acquisition of Embark Technology by Applied Intuition was the industry’s largest disclosed deal. GlobalData’s Automotive Industry Mergers And Acquisitions Deals By Top Themes In Q2 2023 report provides an overview of merger and acquisition activity globally and identifies the themes driving the most notable deals announced in Q2 2023 in the automotive industry. Buy the report here.
In value terms, artificial intelligence-related deal activity increased by 793% in Q2 2023 as compared to Q2 2022. Related deal volume increased by 300% in Q2 2023 versus the previous quarter and was 300% higher than in Q2 2022.
For further understanding of GlobalData's Automotive Industry Mergers And Acquisitions Deals By Top Themes In Q2 2023 – Thematic Intelligence, buy the report here.