The global automotive industry experienced a 52% drop in company filings mentions of batteries in Q2 2024 compared with the previous quarter, with the highest share accounted for by Ford Motor with 103% year-on-year increase, according to GlobalData’s analysis of over 165 automotive company filings. GlobalData’s Automotive: Filings Trends & Signals Q2 2024 report delves into earnings call transcripts and quarterly reports within the automotive industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events. Buy the report here.
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Notably, batteries was one of the most frequently referenced themes in Q2 2024, ranking highest in terms of mentions, ahead of ecommerce and big data, according to GlobalData.
Of the top leading companies in the automotive industry, Ford Motor had the greatest increase in references for batteries in Q2 2024, compared with the previous quarter. GlobalData identified 142 batteries-related sentences in the company's filings - 3% of all sentences - and an increase of 103% in Q2 2024 compared with Q2 2023. General Motors’s mentions of batteries dropped by 62% to 46 and Renault’s by 289% to 35 and Li Auto’s by 39% to 23 and Stellantis’s by 84% to 23.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for batteries in Q2 2024 was 91.
For further understanding of GlobalData's Automotive: Filings Trends & Signals Q2 2024, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies across the world’s largest industries.
