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The Momentum behind Clean, Electric, Connected Mobility: Four Key Trends

Original McKinsey Report, Various Authors,, April 6, 2021

General Motors’ January announcement that it would join other automakers by selling only zero-emission vehicles (in its case, by 2035) was one of the most well-publicized examples of something that has become crystal clear over the past few years: the momentum behind cleaner, software-enabled forms of mobility is powerful and seemingly unstoppable. What does this mean for companies and consumers? In this article, we’ll look at four trends that illustrate the way this new form of transformation will develop: the increasing support of capital markets; the kinds of features these vehicles will have, as seen by the demands of Chinese consumers; the speed needed for this transition to contribute meaningfully to the slowing of climate change; and the impact this shift will have on labor markets.

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