Analysis of the key themes driving private equity deal activity reveals that batteries accounted for 2 automotive deals announced in Q3 2023, worth a total value of $208.8m. The $108.8m investment by GIC and Hero MotoCorp in Ather Energy was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes and the Private Equity deal activity are included in GlobalData’s Automotive Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.
In value terms, batteries-related deal activity decreased by 78% in Q3 2023 compared with the previous quarter’s total of $944m. Related deal volume remained flat in Q3 2023 versus the previous quarter and was 100% higher than in Q3 2022.
For further understanding of GlobalData's Automotive Industry Mergers And Acquisitions Deals By Top Themes In Q3 2023 – Thematic Intelligence, buy the report here.