Case StudySoutheast Asia

Screening New Entrants

• Background
  While considering a strategic partnership with a Southeast Asian conglomerate, a multinational approached Veracity to assess the conglomerate’s newly established mobility start-up.
• Action
  Through discreet inquiries with on-the-ground sources, Veracity established that the company was leaning heavily on high-level political connections to gain preferential treatment and lacked the expertise to independently succeed in the EV industry.
• Results
  Our findings led the client to opt for a passive partnership, rather than the active one it had initially envisioned.