Analysis of the key themes driving private equity deal activity reveals that electric vehicles accounted for 5 automotive deals announced in Q2 2023, worth a total value of $1.1bn. The $944m investment by MBK Consortium and SNB Capital in SK on Co was the industry’s largest disclosed deal. A comprehensive market sizing analysis up to 2030, segmentation by propulsion type and end-user type, and a comparative analysis of the market share of electric vehicles against internal combustion vehicles in different countries is included in GlobalData’s Electric Vehicles Market Analysis by Region, Propulsion Type and Forecast to 2030 report. Buy the report here.
In value terms, electric vehicles-related deal activity decreased by 8% in Q2 2023 compared with the previous quarter’s total of $1.2bn and rose by 384% as compared to Q2 2022. Related deal volume remained flat in Q2 2023 versus the previous quarter and was 67% higher than in Q2 2022.
For further understanding of GlobalData's Electric Vehicles Market Analysis by Region, Propulsion Type and Forecast to 2030 buy the report here.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.
This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.
