As of 2023, mid-stream merger and acquisition transactions accounted for the largest share of deals in the Chinese battery sector. At the start of 2023, the government subsidy for new energy vehicles ran out. Before the end of the program, the value and number of deals gradually increased.
Number of up-, mid-, and downstream merger and acquisition transactions in the battery industry in China from 2019 to 2023
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Deloitte. (February 21, 2024). Number of up-, mid-, and downstream merger and acquisition transactions in the battery industry in China from 2019 to 2023 [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1462993/china-number-of-up-mid-and-downstream-investments-in-the-battery-sector-2023/
Deloitte. "Number of up-, mid-, and downstream merger and acquisition transactions in the battery industry in China from 2019 to 2023." Chart. February 21, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1462993/china-number-of-up-mid-and-downstream-investments-in-the-battery-sector-2023/
Deloitte. (2024). Number of up-, mid-, and downstream merger and acquisition transactions in the battery industry in China from 2019 to 2023. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1462993/china-number-of-up-mid-and-downstream-investments-in-the-battery-sector-2023/
Deloitte. "Number of Up-, Mid-, and Downstream Merger and Acquisition Transactions in The Battery Industry in China from 2019 to 2023." Statista, Statista Inc., 21 Feb 2024, https://www.statista.com/statistics/1462993/china-number-of-up-mid-and-downstream-investments-in-the-battery-sector-2023/
Deloitte, Number of up-, mid-, and downstream merger and acquisition transactions in the battery industry in China from 2019 to 2023 Statista, https://www.statista.com/statistics/1462993/china-number-of-up-mid-and-downstream-investments-in-the-battery-sector-2023/ (last visited December 23, 2024)
Number of up-, mid-, and downstream merger and acquisition transactions in the battery industry in China from 2019 to 2023 [Graph], Deloitte, February 21, 2024. [Online]. Available: https://www.statista.com/statistics/1462993/china-number-of-up-mid-and-downstream-investments-in-the-battery-sector-2023/
