The investments show the increasing importance of outside talent and ideas, as the auto industry undergoes transformation. The car of the past was a stand-alone vehicle, owned and driven by humans, and fueled by gas or diesel. In the future, however, car travel will increasingly happen in self-driving vehicles, be powered by batteries, and form part of a range of intermodal mobility solutions that will include trains, bikes, and walking.
Startup funding has been steadily growing
1. Data for 2017 includes investments until 05/04/2017
Source: Oliver Wyman