Race Toward Electrification: Automotive Players Define Investment Strategy for the Future
|In 2020, global electric vehicle (EV) sales rose by 38%, despite a decline of 20% in total car sales around the world during the pandemic. In May 2021, IHS Markit estimated that all-electric vehicles will make up nearly 27% of new car sales in the year 2030.
The transition away from internal combustion engines (ICE) and toward electric vehicles is the ultimate test for players across the automotive ecosystem from suppliers to OEMs to technology startups.
Governments globally have nudged the industry toward electrification. In the U.S., the Biden administration plans to extend EV tax credits and commit $15 billion to accelerating the build out of charging infrastructure. In China, emissions standards have driven rapid adoption of electric vehicles. In Germany, Tesla’s new Gigafactory near Berlin will churn out thousands of EVs and result in shifts for the industry across Europe. Swedish lithium-ion battery maker Northvolt announced in June it raised $2.75 billion in equity to expand capacity of its Gigafactory to meet customer demand for EVs.
As electric vehicles are poised to take over a significantly larger share of automotive sales and production in the coming years, OEMS and their suppliers are focused on accelerating their preparations for an EV future today.
Lincoln International explores how automotive companies are evaluating their business models in the race to keep up with the cars of the future.
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Recent Transactions in Automotive & Truck
Lincoln International is pleased to announce the sale of Promark Electronics to Electrical Components International, a portfolio company of Cerberus Capital
Lincoln International is pleased to have represented Accent Equity in the divestment of Brenderup Group to Storskogen
Lincoln International has advised the private shareholders of E. Zimmermann GmbH on their sale to Stackpole International, a subsidiary of Johnson Electric Group
Lincoln International is pleased to announce that it has advised Brembo S.p.A. on its acquisition of J. Juan Group
Lincoln International is pleased to announce that it advised the insolvency administrator Dr. Jan Markus Plathner, Brinkmann & Partner, on the sale of Poppe GmbH and Veritas AG’s liquid silicone rubber (LSR) business to Elastofirm B.V.
Lincoln International is pleased to announce that it has advised Trèves Group on all aspects of its acquisition of CTA Acoustics, a portfolio company of Cerberus Capital Management
Lincoln International is pleased to announce that it has advised Trèves on its acquisition of ROI Automotive Technology
Lincoln International has advised Altenloh, Brinck & Co. GmbH & Co. KG on the sale of ABC Umformtechnik GmbH & Co. KG to FAWER Automotive Parts Limited Co.