Advanced Transportation Market Update – October 2019



Advanced Transportation Market Update - October 2019

Greentech Capital Advisors’ Advanced Transportation Monthly Market Update summarizes key announcements, M&A, and capital raising activity related to advanced transportation, while providing detailed trading metrics on public companies across the sector.

Key Takeaways:

  • The recent merger of Fiat Chrysler and Peugeot highlights the growing trend toward OEM-consolidation as a result of the heavy CapEx and R&D requirements needed to develop AV / EV capabilities
  • The proliferation of connected vehicles is pushing OEMs and Tier 1s to increasingly invest in automotive cybersecurity, as reflected by the involvement of Alliance Ventures and Volvo in Upstream Security’s capital raise
  • Vehicle bans along major streets in New York City and San Francisco reflect the ongoing efforts by cities to address the growing issues of urban congestion and pollution