Analysis of the key themes driving M&A activity reveals that batteries accounted for 5 automotive deals announced in Q2 2023, worth a total value of $123.9m. The $54.7m minority acquisition of Nikola Iveco Europe by Iveco Group was the industry’s largest disclosed deal. GlobalData’s Batteries – Thematic Research report provides an overview of the batteries market in terms of market size and expected growth up to 2030, its potential impact on different sectors, key alternative batteries and the competitive landscape. Buy the report here.
In value terms, batteries-related deal activity decreased by 94% in Q2 2023 compared with the previous quarter’s total of $2bn. Related deal volume increased by 67% in Q2 2023 versus the previous quarter and was 17% lower than in Q2 2022.
For further understanding of GlobalData's Batteries - Thematic Research buy the report here.
