R&D investment in the automobile sector, by world region
EU investment in automotive R&D has increased by 0.5% in 2021 to reach €59.1 billion per year. Europe remains the world’s largest investor in innovation in the auto industry, surpassing Japan (€31.7 billion), the United States (€22.4 billion) and China (€14.3 billion).
Europe remains the world’s largest investor in innovation in the auto industry, surpassing Japan (€31.7 billion), the United States (€22.4 billion) and China (€14.3 billion).
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Vehicle types
All vehicles
