A clutch assembly includes a first clutch in the form of a dynamically controllable clutch (DCC) and a second clutch in the form of an electrically actuated Controllable Mechanical Diode (“CMD”) clutch. The DCC and the CMD clutch each have a pocket plate and share a notch plate. The DCC pocket plate and the shared notch plate are supported for rotation in first and second directions about a rotational axis. The pocket plate of the CMD clutch is fixed in position. The DCC includes a translator to move a DCC locking element to a deployed position mechanically coupling the DCC pocket plate and the shared notch plate. The CMD clutch includes first and second actuators configured to move the first and second locking elements of the CMD clutch to a deployed position mechanically coupling the shared notch plate to the pocket plate of the CMD clutch.