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The global automotive industry experienced a 13% drop in company filings mentions of electric vehicles in Q1 2023 compared with the previous quarter, according to GlobalData’s analysis.
In the global automotive industry, there were 17 M&A deals announced in Q1 2023, worth a total value of $2.2bn, according to GlobalData's Deals Database.
The global automotive industry experienced a 12% decline in the number of electric vehicles related patent applications in Q1 2023 compared with the previous quarter, according to GlobalData's Patent Analytics.
The Business Research Company's Automotive LED Lighting Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032
Chinese EV Powertrain Market it is still poised to grow at a rate of 21.3% through 2033. the overall demand for EV powertrains in particular may experience a higher growth rate of 19.6% during the projected period