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.
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