- ETAnalytics Reports
- Industry
- Market Research
- PwC report on the SEC's recent areas of focus specific to the automotive sector
PwC report on the SEC's recent areas of focus specific to the automotive sector -
(Nov 2014)PWC have prepared this publication to assist you with identifying and understanding the
SEC's recent areas of focus specific to the automotive sector. The topic areas
summarized in this publication are based on comment letters issued by the SEC staff to
automotive companies and published between October 1, 2013 and September 30, 2014.
We have provided relevant examples of recent comments in these topic areas to aid you
in ensuring that your disclosures are robust and consistent with relevant accounting and
reporting guidance and recent reporting trends. In some instances, we have included
relevant examples from other industries but which may be applicable to automotive
companies.
Related Reports
Access to thousands of Market Research Reports, Financial Reports, White Paper and Surveys
Featured
It is a fact that electric vehicles (EVs) are beneficial for climate protection. However, the current challenge is to decide on whether to reuse an EV battery or to recycle it after its first use. This paper theoretically investigates these areas i.e., recycle and reuse. It was found that there are several commercially used recycling processes and also some are under research to regain maximum possible materials and quantity. The concept of reusing (second life) of the battery is promising because, at the end of the first life, batteries from EVs can be used in several applications such as storing energy generated from renewable sources to support the government grid. However, the cost and life-cycle analysis (LCA) demonstrated that there are several aspects involved in battery reuse applications. Henceforth, one LCA generalised method cannot provide an optimal approach for all cases. It is important to have a detailed study on each of the battery reusing applications. Until then, it is safe to say that reusing the battery is a good option as it would give some time to recycling companies to develop cost and energy-efficient methods.