The future of the Electric Vehicle market and its affect on M&A, as published by Automotive News
Will electric vehicles affect M&A as hugely as it did automotive industry? CFI USA’s Ellen Clark talked to Automotive News to discuss the impact that such a technology overhaul can have on established industry.
“The shift to EV is causing automotive suppliers to urgently rethink their strategies and align their businesses with the new operating model. M&A is sure to play a key role in this strategic activity and we expect both domestic and cross-border transactions to accelerate over the next few years as a result.” Adds Ellen Clarke, CFI’s US-based automotive expert.
“In this rapidly evolving landscape, suppliers in the automotive industry must adapt to stay competitive. M&A presents an opportunity for companies to strategically expand their capabilities and position themselves in the new era of mobility.” says Thilo Herbertz, from CFI Germany.