Analysis of the key themes driving M&A activity reveals that autonomous vehicles accounted for 10 automotive deals announced in Q2 2023, worth a total value of $71m. The $71m acquisition of Embark Technology by Applied Intuition was the industry’s largest disclosed deal. Driven by environmental benefits and its effect on fuel economy, the autonomous light vehicle sector has an emerging role to play in various sectors. The market size analysis, major suppliers, top 14 markets, technology trends and detailed related-componeGlobalData’s Automotive Autonomous Vehicles Market Trend Analysis and Forecast, 2021-2036 report. Buy the report here.
In value terms, autonomous vehicles-related deal activity declined 95% in Q2 2023 as compared to Q2 2022. Related deal volume increased by 150% in Q2 2023 versus the previous quarter and was 233% higher than in Q2 2022.
The top-ranked financial advisors supporting these M&A deals in Q2 2023 were ACP Capital Markets; Benchmark Investments; Evercore with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in Q2 2023 were J Sagar Associates; Karanovic & Partners; Norton Rose Fulbright with 1, 1, 1 deals respectively.
For further understanding of GlobalData's Automotive Autonomous Vehicles Market Trend Analysis and Forecast, 2021-2036 buy the report here.
