GM's research and development expenditures 2015-2019

General Motors incurred around 6.8 billion U.S. dollars in R&D costs in 2019. This figure puts the car manufacturer's R&D intensity at five percent. That said, the company declared interest to enter into cost sharing arrangements with third parties. In December 2019, General Motors and LG Chem partnered up to invest in a production facility for battery cells in Ohio.

GM's research and development expenditures from FY 2015 to FY 2019

Expenditures in billion U.S. dollars
20156
20166.6
20177.3
20187.8
20196.8
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Source

Release date

February 2020

Region

United States

Survey time period

FY 2015 FY 2019

Supplementary notes

Only including continued operations; the European business is presented as discontinued operations in the consolidated financial statements for all periods presented, the source specifies.
The figures are for the years ended December 31.
The values for 2015 and 2016 were taken from a previous financial statement.

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Statistics on "General Motors"

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