We mined CB Insights data on automotive leaders to chart how their tech initiatives — from electric vehicles to advanced manufacturing — measure up.
The automotive industry is facing a major transition.
Automakers have pursued cleaner, connected, and autonomous vehicles via a mix of acquisitions, investments, and partnerships. However, their strategies have evolved over the past few years.
For instance, many automakers have adjusted their plans for electric vehicles (EVs) in response to market pressures. General Motors recently rolled back its EV production goal for North America in 2024.
Yet the EV value chain — from electric vehicle and battery development to charging and clean energy — remains in focus for automotive companies, underscoring the future market potential and significant commitment needed in the EV transition.
General Motors, for example, is still set on having the capacity to produce 1M EVs by 2025 despite production rollbacks. Ford remains committed to EVs as well — even though it has delayed production and continues to face billion-dollar losses within its EV division.
Meanwhile, automakers like Stellantis have reported profitability in EV operations.
Beyond EVs, where else are major players placing bets to secure their automotive future?
In this report, we analyzed CB Insights acquisition, investment, and partnership data for 15 automotive leaders. We then organized that activity across 7 tech priorities.
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