2024 M&A Year in Review - Flipbook - Page 10
10
Automotive
and Mobility
Sector performance
In 2024, global automotive M&A activity decreased relative to
2023 by both volume and value as inflation and geopolitical
uncertainties weighed on OEMs, suppliers, and customers.
Electric vehicle sales grew globally, driving deal activity in
battery technology and raw materials. However, evolving
government policies around EV adoption, particularly in the
United States, combined with a renewed threat of protectionism
and “trade wars” dampened dealmaking activity overall. M&A
activity continued to reflect a sector in transition, as acquirors
prioritized access to technological advancements, focused on
core competencies and markets, and promoted long-term
competitiveness in a rapidly evolving automotive landscape.
Hogan Lovells activities
In 2024, our Automotive and Mobility team helped clients
navigate transformative shifts and geopolitical challenges and
negotiate M&A, joint venture, strategic alliance, and investment
transactions.
Our team shared insights at key U.S. and European conferences,
including Autonomy Mobility World Expo, MOVE London, and
The Merge. We published thought leadership addressing the
legal and regulatory challenges of energy transition and AI’s
impact on autonomous driving and data governance. With the
8th edition of Panoramic Automotive and Mobility, we continued
to set the benchmark for industry analysis and strategic advice.
...one of the
largest and most
experienced
group of lawyers
representing
both traditional
automotive
companies
and emerging
mobility industry
players...”
Chambers USA, 2024
