This graph portrays the leading automotive companies as of 2020, based on their research and development expenditures. In the 2020 fiscal year, U.S.-based carmaker Ford reported research and development costs of around seven billion U.S. dollars.
Leading automotive firms by research and development spending worldwide in FY 2020
(in billion U.S. dollars)
* These figures have been converted from euros to U.S. dollars at the following rate, correct as of September 20, 2021: 1 EUR = 1.1709644 USD; ** this figure has been converted from Japanese yen to U.S. dollars at the following rate, correct as of September 20, 2021: 1 JPY = 0.0091 USD; the figure is for the fiscal year ended March 31, 2020.
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Statista. (September 20, 2021). Leading automotive firms by research and development spending worldwide in FY 2020 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 19, 2022, from https://www.statista.com/statistics/566060/automotve-firms-by-research-development-spending/
Statista. "Leading automotive firms by research and development spending worldwide in FY 2020 (in billion U.S. dollars)." Chart. September 20, 2021. Statista. Accessed August 19, 2022. https://www.statista.com/statistics/566060/automotve-firms-by-research-development-spending/
Statista. (2021). Leading automotive firms by research and development spending worldwide in FY 2020 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 19, 2022. https://www.statista.com/statistics/566060/automotve-firms-by-research-development-spending/
Statista. "Leading Automotive Firms by Research and Development Spending Worldwide in Fy 2020 (in Billion U.S. Dollars)." Statista, Statista Inc., 20 Sep 2021, https://www.statista.com/statistics/566060/automotve-firms-by-research-development-spending/
Statista, Leading automotive firms by research and development spending worldwide in FY 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/566060/automotve-firms-by-research-development-spending/ (last visited August 19, 2022)
