Sector Performance

In 2025, global automotive and mobility M&A activity was mixed, with deal volume decreasing slightly relative to 2024 while overall deal value increased as strategic buyers ramped up technology investments.

Activity in the first half of the year was subdued as OEMs and suppliers navigated tariff pressures and shifting policy priorities, including reduced emphasis on EVs amid expiring incentives. Volume and value rebounded in the second half of the year, driven by OEMs and top-tier suppliers pursuing AI, advanced sensor, and software capabilities. The year also saw continued use of joint ventures and partnerships as dealmakers sought to bolster technological capabilities and enhance cost competitiveness.

Hogan Lovells Activities

In 2025, our Automotive and Mobility team guided clients through industry transformation, geopolitical shifts, and complex M&A, joint venture, strategic alliance, and investment transactions.

We participated in leading events across the United States and Europe, including Automobilwoche Women’s Leadership Day, Automotive Masterminds, MOVE London, IAA Mobility, and multiple U.S. Alliance for Automotive Innovation gatherings, including The Merge. Our thought leadership addressed key legal and regulatory issues related to energy transition, AI, and autonomous driving, while the ninth edition of Panoramic: Automotive and Mobility reinforced our market-leading analysis and insight.