Original Article by D. Holland-Letz, M. Kässer, B. Kloss, and T. Müller, mckinsey.com, April 14, 2021
In 2020, the global COVID-19 pandemic triggered one of the worst economic downturns in a generation, and the mobility industry was one of the most heavily affected sectors. The crisis has given automotive OEMs, suppliers, and other mobility players a new revenue and profit mandate: develop a sustainable business strategy that aligns with the realities of the next normal.
To help both incumbents and new businesses achieve this vision, we recently reviewed the landscape for mobility start-up and investment. In addition to looking at the amounts invested by and into specific companies, we identified the technologies that attracted the most funding, focusing on 17 critical categories related to automation, connectivity, electrification, and smart mobility (ACES).