Electrochromic (EC) technology has been regarded as a promising energy-saving technology in various applications, including smart windows, displays, thermal management, rear views, etc. Benefiting from the progress in electrochromic material synthesis, electrochromic electrode fabrication, and electrochromic device configuration design, the focus in electrochromic community has gradually shifted to multifunctional electrochromic devices (ECDs) in the era of Internet of Things. Multifunctional ECDs, such as electrochromic energy storage devices, multi-color displays, deformable ECDs, smart windows, etc. have been showcased the ability to expand potential applications. In this review, the available device configurations, performance indexes and advanced characterization techniques for multifunctional ECDs are introduced and classified accordingly. The applications of multifunctional ECDs for energy storage, multicolor displays, deformable devices, selfchargeable devices, smart windows, actuators, etc., are exemplified. The future development trends and perspectives of multifunctional ECDs are also overlooked. The aim of this review is to guide and inspire further efforts in the exploration of novel and advanced multifunctional ECDs.