Autonomous driving will revolutionise the automotive industry. It will reduce road accidents and deaths, cut traffic congestion, help tackle pollution, and increase productivity as drivers let technology take the strain.
Precisely how OEMs match consumer needs with autonomous driving solutions, while overcoming public scepticism about relinquishing control of vehicles, remains a key question. Which business models will win in this new landscape?
The fact that the Silicon Valley tech giants are entering the automotive supply chain is nothing short of a revolution for the automotive industry. Furthermore, leading internet groups from elsewhere in the world are also joining the party.
The Clearwater International team’s advice on deal strategy, from tailoring a process that worked for us through to negotiations with bidders and potential bidders, was invaluable to realising the right outcome for the shareholders with the right partner for our business. The team were not afraid to provide appropriate challenges when required and were completely committed throughout, managing multiple complex work streams across Europe, the UK and the US, to realise this completion. It certainly helped that we also enjoyed working with the team!
David Stanhope, CEO, Centriq Group