Analysis of the key themes driving M&A activity reveals that energy storage accounted for 3 automotive deals announced in Q2 2023, worth a total value of $7.6m. The $7.6m majority acquisition of Fujian Jiaxin Metal Technology by Ningbo Fangzheng Automobile Mould was the industry’s largest disclosed deal. GlobalData’s Automotive Industry Mergers and Acquisitions Deals by Top Themes – Thematic Intelligence report helps understand the themes that impact the automotive industry by analyzing which themes drive the M&A activity. Buy the report here.

In volume terms, energy storage-related deal activity in Q2 2023 was 200% higher than in Q2 2022.

For further understanding of GlobalData's Automotive Industry Mergers and Acquisitions Deals by Top Themes in 2022 - Thematic Intelligence, buy the report here.

This content was updated on 18 July 2023