Houlihan Lokey – Transportation Technology Update, 1H 2025

The main theme of the report is an update on technologies in the transportation industry for the first half of 2025.

Key findings include: Despite a short-term correction in spring caused by tariff announcements, tech stocks showed significant growth due to optimism around AI-related investments and productivity. Significant risks include geopolitical tensions, trade conflicts, potential inflation resurgence, and uncertainty regarding Federal Reserve interest rates. While the anticipated M&A boom has not fully materialized, improved market sentiment and private capital activity indicate growth in deal activity. Houlihan Lokey's transportation technology team is actively involved in several transactions and shares insights and innovations across eight key sectors: automotive, aviation, maritime, off-road, transit and mobility, rail, supply chain and logistics, freight.