Analysis of the key themes driving M&A activity reveals that electric vehicles accounted for 24 automotive deals announced in Q4 2023, worth a total value of $1.8bn. The $1.6bn minority acquisition of Zhejiang Zero Run Technology by Stellantis was the industry’s largest disclosed deal. GlobalData’s Automotive Industry Mergers And Acquisitions Deals By Top Themes In 2023 report provides an overview of merger and acquisition activity globally and identifies the themes driving the most notable deals announced in 2023 in the automotive industry. Buy the report here.

Smarter leaders trust GlobalData

In value terms, electric vehicles-related deal activity increased by 64% in Q4 2023 compared with the previous quarter’s total of $1.1bn and fell by 7% as compared to Q4 2022. Related deal volume decreased by 11% in Q4 2023 versus the previous quarter.

The top-ranked financial advisors supporting these M&A deals in Q4 2023 were Rothschild & Co; Benchmark Investments; Cavendish Financial with 2, 1, 1 deals respectively.

The top-ranked legal advisors supporting these M&A deals in Q4 2023 were Clifford Chance; Allen & Overy; Baker & McKenzie with 2, 1, 1 deals respectively.

For further understanding of GlobalData's Automotive Industry Mergers And Acquisitions Deals By Top Themes In 2023 – Thematic Intelligence, buy the report here.

This content was updated on 8 January 2024

Premium Insights

From

The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.