The startup and investor communities are helping to fuel the explosion in New Mobility through investment in innovative transportation technologies and business models. These include those involved in autonomous and electric vehicles as well as ride-hailing. Beginning in 2015, there was a shift in investment focus, and transportation began to consistently beat out both biotechnology and pharmaceuticals and manufacturing for investment dollars. By 2016, transportation startups were garnering more than twice the amount going into biotechnology and pharmaceuticals, and triple the sum being invested in manufacturing startups. Investment in transportation startups continued to grow throughout 2017, 2018, and the first months of 2019.
The chart below depicts the emphasis that investors increasingly are placing on the transportation sector prompted by New Mobility’s innovation.
To learn more about the New Mobility, one of the biggest disruptors to the global economy, please click here.