Globally, deal activity in the mobility technology sector for the fourth quarter of 2022 was going flat into 2023, Jonathan Geurkink, a senior analyst at PitchBook, told Automotive News.
“We are seeing investment shift away from the activity in and around autonomous driving and the ride-hailing and last mile stuff seems to be tailing off as well,” Geurkink said. “I think there are areas certainly in battery technology that look interesting. We’re probably going to put out an analyst note in the next month or so on sodium battery technology and some of the investments there.”
Of the 47 investments