* Year ends October 31st.
** Year ends June 30th. Figures were converted from GBP to USD where 1 GBP = 1.33949 USD (as of June 30, 2016).
*** Figures were converted from EUR to USD where 1 EUR = 1.05356 USD (as of December 31, 2016).
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Global R&D spending by key fuel cell companies 2016
This statistic displays the research and development (R&D) expenditures of select public fuel cell companies worldwide in 2016. In this year, the Canadian company, Ballard Power Systems, spent almost ** million U.S. dollars on R&D.
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U.S. Department of Energy. (October 14, 2017). Research and development expenditures of select fuel cell companies globally in 2016 (in 1,000 U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 02, 2026, from /statistics/478635/r-and-d-spending-of-key-fuel-cell-companies-globally/
U.S. Department of Energy. "Research and development expenditures of select fuel cell companies globally in 2016 (in 1,000 U.S. dollars)." Chart. October 14, 2017. ÌÇÐÄÆƽâ°æ. Accessed August 02, 2026. /statistics/478635/r-and-d-spending-of-key-fuel-cell-companies-globally/
U.S. Department of Energy. (2017). Research and development expenditures of select fuel cell companies globally in 2016 (in 1,000 U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 02, 2026. /statistics/478635/r-and-d-spending-of-key-fuel-cell-companies-globally/
U.S. Department of Energy. "Research and Development Expenditures of Select Fuel Cell Companies Globally in 2016 (in 1,000 U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 14 Oct 2017, /statistics/478635/r-and-d-spending-of-key-fuel-cell-companies-globally/
U.S. Department of Energy, Research and development expenditures of select fuel cell companies globally in 2016 (in 1,000 U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/478635/r-and-d-spending-of-key-fuel-cell-companies-globally/ (last visited August 02, 2026)
Research and development expenditures of select fuel cell companies globally in 2016 (in 1,000 U.S. dollars) [Graph], U.S. Department of Energy, October 14, 2017. [Online]. Available: /statistics/478635/r-and-d-spending-of-key-fuel-cell-companies-globally/
