Global research and development spending of selected automotive manufacturers between 2020 and 2021, with a forecast for 2022
(in billion U.S. dollars)
Characteristic
2020
2021
2022*
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Out of the five automotive manufacturers surveyed, Volkswagen was forecast to record the largest research and development costs in 2022 at some **** billion U.S. dollars, followed by Toyota. Automotive research and development spending are expected to increase in 2022 and have been growing over the past years. This focus on research is propelled by automakers' race to transition from internal combustion engines to fully electric drive systems, recovery from supply chain issues, and autonomous driving development.
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R&D WORLD. (May 30, 2022). Global research and development spending of selected automotive manufacturers between 2020 and 2021, with a forecast for 2022 (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 21, 2026, from /statistics/1345655/global-research-and-development-spending-by-selected-automakers/
R&D WORLD. "Global research and development spending of selected automotive manufacturers between 2020 and 2021, with a forecast for 2022 (in billion U.S. dollars)." Chart. May 30, 2022. ÌÇÐÄÆƽâ°æ. Accessed July 21, 2026. /statistics/1345655/global-research-and-development-spending-by-selected-automakers/
R&D WORLD. (2022). Global research and development spending of selected automotive manufacturers between 2020 and 2021, with a forecast for 2022 (in billion U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 21, 2026. /statistics/1345655/global-research-and-development-spending-by-selected-automakers/
R&D WORLD. "Global Research and Development Spending of Selected Automotive Manufacturers between 2020 and 2021, with a Forecast for 2022 (in Billion U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 30 May 2022, /statistics/1345655/global-research-and-development-spending-by-selected-automakers/
R&D WORLD, Global research and development spending of selected automotive manufacturers between 2020 and 2021, with a forecast for 2022 (in billion U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1345655/global-research-and-development-spending-by-selected-automakers/ (last visited July 21, 2026)
Global research and development spending of selected automotive manufacturers between 2020 and 2021, with a forecast for 2022 (in billion U.S. dollars) [Graph], R&D WORLD, May 30, 2022. [Online]. Available: /statistics/1345655/global-research-and-development-spending-by-selected-automakers/
