Trade secret damages analysis in the electric vehicle industry

CRA’s Intellectual Property experts were retained by a luxury hybrid and electric vehicle (EV) company to quantify economic damages in a trade secret dispute arising from a failed technology collaboration with a start-up EV company. Our team worked with technical experts to categorize the relevant trade secrets and quantified damages under multiple theories, including defendant’s unjust enrichment due to avoided costs and accelerated market entry. Our work included analyses of R&D development timelines and costs, business valuations, capital raising efforts, and realized stock gains. CRA’s experts provided a detailed expert report and deposition testimony, and our client achieved a favorable settlement before trial.