Automotive Dealtracker: Q3 2025
Thought leadershipThis edition captures this momentum, highlighting the sector’s alignment with technology-led growth and service-oriented models.
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The Q1 2026 Automotive Dealtracker presents a measured view of deal activity across the auto and EV ecosystem, shaped by demand visibility, electrification, and platform adoption.
The quarter reflects disciplined capital deployment amid cost pressures, trade uncertainty, and geopolitical risk. Strategic buyers and investors prioritised capability-led transactions, scalable platforms, and enabling ecosystem infrastructure. Deal-making remained selective, with clear preference for technology-led, lifecycle-focused business models over scale-driven consolidation.
Deal volumes remained largely stable on a sequential basis, while overall deal values witnessed a recovery, primarily supported by higher private equity investments. The absence of large-ticket transactions continued to moderate total deal value, indicating a steady but cautious investment environment.
M&A activity declined significantly in value terms, reflecting a lack of large strategic and cross-border transactions. Deal activity during the quarter was largely driven by smaller, capability-led acquisitions, with companies focusing on strengthening technological and digital capabilities rather than pursuing scale-driven consolidation.
Private equity remained the key driver of deal activity, contributing the majority of both deal volumes and value. The strong uptick in investment value indicates renewed investor confidence, with capital flowing into EV platforms, mobility solutions, and auto-tech businesses offering scalable and future-ready growth models.
Public market activity remained subdued during the quarter, with no IPO or QIP transactions, reflecting continued caution in capital markets and a preference for private funding routes.

This edition captures this momentum, highlighting the sector’s alignment with technology-led growth and service-oriented models.
This edition captures this momentum, highlighting the sector’s alignment with technology-led growth and service-oriented models.
The automotive and mobility sector in India is experiencing a pivotal phase, shaped by a shift towards electrification, technological advancement and strategic market expansion