Demographic changes such as increased urbanisation, economic and technological power shifts and climate change are having a significant impact on the automotive industry globally. In order to remain competitive, industry players need to embrace these changes as opportunities and develop their business models accordingly. The advent of electric vehicles will transform not only driving habits and energy usage, but also supply chains, industries and physical infrastructure across the world.
Linklaters is one of a few firms with a dedicated automotive sector team that is wholly integrated with our wider global Mobility Sector. Our lawyers have extensive knowledge of the automotive industry, including established manufacturers and suppliers as well as emerging technology companies. We understand both our clients’ legal and commercial needs in these times of transformational change.
Charging infrastructure, batteries and gigafactories
Electrification changes the way we understand mobility. With electric vehicle sales poised to experience rapid growth globally, the demand for charging infrastructure and gigafactories involved in EV battery production will grow significantly in the next decade.
Gigafactories, and the lithium-ion batteries they produce, are key components in the race to electrify the transport sector, and massive rollouts are planned across Europe, the US and Asia.
Linklaters is one of a few firms with a dedicated Mobility Sector team, and we understand the challenges and opportunities within the charging infrastructure and battery market. We have advised more widely than almost any other firm on the structuring and execution of financing and investment opportunities within this space.
Technology-driven trends, digital transformation, the internet of things (IoT), and new advances in artificial intelligence (AI) represent some of the key technology disruptors impacting the mobility market.
These technologies represent opportunities to develop solutions to improve the connectivity and a user-friendly, personalised customer experience. The data rich automotive industry, in collaboration with software companies, will need to harness the power of big data, whilst ensuring its security, to maintain a competitive edge in the market.
Linklaters supports clients in enabling their digital strategies. We help clients to acquire, develop and procure tech, whilst protecting their strategic investments. By addressing the myriad of novel risks and legal issues, particularly in highly regulated environments – we are able to provide advice tailored specifically to the issues at stake.
The long-haul transportation and logistics sectors have seen the introduction of several emissions-reducing initiatives over the past decade, for example the use of eco-speeds and LNG fuel in shipping and sustainable aviation fuel in aviation. However, the sectors’ transition away from fossil fuels is some way behind the short-haul and automotive sectors, and much of this transition process is yet to come.
While solar or electric-powered ships and aircraft are not yet under construction, technology-backed solutions will continue to play a significant role in transportation deals, with corporates, investors and financiers increasingly focused on ESG aspects.
We have supported our clients through other systemic market events such as the deep shipping sector recession following the financial crisis, and the disruption to aviation and the supply chain caused by the Covid pandemic and the conflict in Ukraine. We have the necessary track record and industry knowledge to support transport sector players on future transformations.
Our transport and logistics specialists work closely with colleagues in our energy and technology sector teams, as well as with the rest of our global Mobility Sector colleagues.
The past decade has seen a resurgence of interest in space travel and a boom in satellite activity and the technological innovation driving it. Satellites make up the majority of commercial space activity – fuelled by both the decreasing cost of launching them and the growing number of applications for the data they can provide. Businesses are thinking more strategically about the commercial opportunities that space, satellites and the associated technology can offer.
Linklaters is at the forefront of helping clients facilitate investment while ensuring regulatory compliance - solving the complexities inherent in the space and satellite sectors. Our Space, Technology, and Digital Infrastructure teams work closely together to provide clients with this holistic advice.
Come Fly With Me (Or Not): Hong Kong’s New API Regulations
Merger Market: European Transport Trendspotter: PEs mull logistics consolidation
Private equity (PE) firms have their eyes on consolidation plays in the European logistics services sector at the beginning of 2H23, dealmakers have said. In this piece of analysis by Mergermarket, Linklaters Transport Sector leaders, Olga Petrovic and Martina Farkas, comment on confidence returning to investment in the aviation sector and the increasing focus on new technologies and efficiencies in the transport sector when looking at M&A deals.
Wall Street Journal Webinar Recording: The New Economics of Clean Energy
Incentives in the U.S. Inflation Reduction Act triggered a flash of investment as subsidies altered the economics of renewable energy. Linklaters New York Partner Judy Kwok joined Wall Street Journal to examine how the law works, what its backers hoped to achieve, whether it's working as designed, and roadblocks and threats against the climate law.
Interview: Freight forwarders are required to audit carriers for the purpose of spot market dealings
In this interview with DVZ, partner Martina Farkas, provides reasons why the German Supply Chain Due Diligence Act (LkSG) is expected to change procedures in transactions between parties unknown to each other, which have been customary on the spot market.
IRS Issues Proposed Regulations on Section 30D, Clarifying Critical Minerals and Battery Components
On Friday, March 31, 2023, the IRS issued proposed regulations on Section 30D. Following on the heels of Rev. Proc. 2022-42, Fact Sheet 2022-42, and a Treasury white paper from December, the Proposed Regulations provide long-awaited guidance on the requirements that EVs must meet in order to qualify for the tax credit for EV owners, in particular those relating to the sourcing of critical minerals and battery components within EVs.
The rise of Electric Vehicles, Gigafactories and Electric Charge Points: the race down to Electric Avenue is on
As the world breaks free from the clutches of the pandemic there is immense focus on all fronts, including across the real estate sector, on the transition to clean and green in line with fast evolving national and global climate priorities.
Using 'alternative fuels' means we need to develop new ways of powering and recharging the solutions we develop. These may be on-the-street EV charging stations; at home power sources or larger scale hydrogen storage facilities. Each one of these brings with it, its own unique set of regulatory, financing and development challenges.
Transport is one of the largest greenhouse gas emitting sectors. A transition to low carbon transport will offer significant opportunities, provided that the right policies and partnerships are developed and implemented.
Delivering technological innovation to the timescales required to achieve the net zero transition goals will require rapid change across all aspects of the global economy. A range of technologies are being developed and deployed to enable businesses to make this transition. At Linklaters we have a global team ready to support businesses on this journey. Read more about how we support businesses investing in net zero tech and navigating an increasingly complex regulatory landscape.
Improvements in Earth observation from space will help us meet our climate targets
Space has an increasingly important role in ensuring global leaders deliver on their Earthly promises made during the COP26 negotiations in Glasgow. These promises centre around how to deliver the ambitious Paris target of limiting global warming to well below 2 degrees Celsius.