Who’s next? Selling off German technologies in the electromobility sector

Published

May 12 2019

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I am an experienced transaction lawyer and a partner in our corporate/M&A team in Frankfurt am Main and offer years of expertise advising clients in national and cross-border M&A, private equity and venture capital transactions, investments of all kinds, in complex restructurings and reorganisations and joint ventures, in particular in projects with a special technology focus as well as in general corporate and commercial law matters.

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What do we want the car of the future to look like? This represents a definitive issue where the mobility of our generation is concerned. The potential buyer might well respond: “it should be sustainable, comfortable, automated and innovative, with sophisticated on-board entertainment systems”. “Cost-effective and competitive,” the manufacturer would be sure to add.

There is now a steadily increasing awareness in society of the need to develop alternative models to the conventional combustion engine. This “re-think” is being spurred on by government requirements in the context of the German transport transition (Verkehrswende), some of which are mandatory. At the beginning of 2018, for the first time, more than roughly 3 million electric vehicles were registered for use worldwide; a healthy increase of 55 % over the previous year. In Germany however, as of the 1^st of January 2018, a mere 53,861 electric vehicles were recorded as being in use on the roads.

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