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 In Q2 2023 report provides an overview of merger and acquisition activity globally and identifies the themes driving the most notable deals announced in Q2 2023 in the automotive industry. 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 Q2 2023 – Thematic Intelligence, buy the report here.

This content was updated on 18 July 2023

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