Investment in future mobility is undergoing a shift. While overall investment has been steady since 2010, it has decelerated since its peak at the end of 2021. Despite the slowdown, Partner Kersten Heineke and colleagues note that electrified solutions have attracted the most investment, at $351 billion, and have the most companies in the space. Autonomous and shared solutions also constitute significant portions of the total investment. This may be due to the fact that autonomous driving has moved from the pilot stage to deployment and therefore requires more investments.
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A pair of tree maps compares the total disclosed investment in autonomous, connected, electrified, shared, and digitalized (ACESD) technologies since 2010 in billions of dollars with the number of investors in these clusters. The left tree map shows that the “electrified” cluster has received the largest investment at $351 billion, followed by “shared” at $234 billion, “autonomous” at $231 billion, “digitized” at $94 billion, and “connected” at $87 billion. The right map on the right indicates that the electrified cluster has attracted the most investors, with 1,289 companies, followed by shared with 804 companies, connected with 667 companies, autonomous with 612 companies, and digitized with 552 companies.
Note: This image description was completed with the assistance of Writer, a gen AI tool.
Source: PitchBook; McKinsey analysis.
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To read the article, see “Looking under the hood: A new approach to mobility investing?,” July 31, 2025.