With vehicle electrification and employment of X-by-wire technology, mechanical systems are being replaced by motor drives which improve the efficiency and performance of vehicular systems. However, motor drives have a lower power density and reliability compared to mechanical solutions. Multi-motor drives have the potential of mitigating both these drawbacks. In this paper, a state-of-the-art review of multi-motor drives and their application to vehicular systems is carried out. Firstly, the case of multi-motor systems in automotive applications is laid out by presenting the different vehicular systems comprising multiple motors. Secondly, multi-motor drive topologies with improved power density, reliability and fault tolerance capabilities are thoroughly analyzed. Finally, the topologies are assessed and compared in the context of automotive applications. The assessment verifies that multi-motor drives allow for fault tolerant and cost-effective solutions that are suitable for automotive applications.