In 2022, the U.S. is expected to spend **** billion U.S. dollars on automotive research and development, which represents around ** percent of the global automotive R&D spending. That year, global spending is tipped to reach *** billion U.S. dollars, a year-over-year growth of *** percent. Investments in the electric vehicle market have partly been boosting R&D costs.
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R&D WORLD. (May 30, 2022). Global automotive research and development spending between 2020 and 2021, with a forecast for 2022 (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 23, 2026, from /statistics/1345699/global-automotive-research-and-development-spending/
R&D WORLD. "Global automotive research and development spending between 2020 and 2021, with a forecast for 2022 (in billion U.S. dollars)." Chart. May 30, 2022. ÌÇÐÄÆÆ½â°æ. Accessed July 23, 2026. /statistics/1345699/global-automotive-research-and-development-spending/
R&D WORLD. (2022). Global automotive research and development spending between 2020 and 2021, with a forecast for 2022 (in billion U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 23, 2026. /statistics/1345699/global-automotive-research-and-development-spending/
R&D WORLD. "Global Automotive Research and Development Spending between 2020 and 2021, with a Forecast for 2022 (in Billion U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 30 May 2022, /statistics/1345699/global-automotive-research-and-development-spending/
R&D WORLD, Global automotive research and development spending between 2020 and 2021, with a forecast for 2022 (in billion U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/1345699/global-automotive-research-and-development-spending/ (last visited July 23, 2026)
Global automotive research and development spending between 2020 and 2021, with a forecast for 2022 (in billion U.S. dollars) [Graph], R&D WORLD, May 30, 2022. [Online]. Available: /statistics/1345699/global-automotive-research-and-development-spending/