Enhanced legislation, reputational risk, rising costs and stakeholder pressures are forcing mobility businesses to consider the move to alternative fuels. This includes transition to electric vehicles (EV), using hydrogen or generating more energy locally.
The barriers to this for most businesses include:
- What fuels and options should we consider for our assets?
- How do we finance our electrification or other alternative fuels strategy?
- What support is there to transfer to electric, hydrogen or other alternative fuels?
There are clear benefits to a transition including enhanced company value and favourable borrowing rates, however, these are dependent on your ability to articulate how you are developing your electrification strategy.
We are able to provide assistance to businesses looking to make this transition across a number of different areas including: Strategic and operational planning, helping businesses to obtain financing via debt or grants and Equity financing through M&A or public markets.
Articles
Automotive review Q2 2022 | Grant Thornton
Contact Information
James A Shields, Industrials BD Manager, Marketing and Business Development (James.A.Shields@uk.gt.com, D +44 (0)1908 359589 | M +44 (0)7785 973000 | T +44 (0)1908 660666) for more information.
