Multi-speed gearbox systems and methods. A multi-speed gearbox, in one example, includes a planetary assembly with a first gear set rotationally coupled to a second gear set. The multi-speed gearbox further includes a first clutch configured to selectively couple a first sun gear of the first gear set to an input shaft configured to rotationally couple to an electric machine and a second clutch configured to selectively couple a first sun gear of the second gear set to an output shaft.