Honda's expenses on research and development projects reached 852 billion Japanese yen in the fiscal year of 2023, up by 48 billion Japanese yen from the previous year. In 2020, Honda partnered up with Neusoft Reach Automotive Technology to form an R&D joint venture for connected vehicles.
Honda Motor Company's research and development expenses from FY 2017 to FY 2023
(in billion Japanese yen)
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Honda. (May 11, 2023). Honda Motor Company's research and development expenses from FY 2017 to FY 2023 (in billion Japanese yen) [Graph]. In Statista. Retrieved December 20, 2024, from https://www.statista.com/statistics/1126490/research-and-development-expenses-honda-motor/
Honda. "Honda Motor Company's research and development expenses from FY 2017 to FY 2023 (in billion Japanese yen)." Chart. May 11, 2023. Statista. Accessed December 20, 2024. https://www.statista.com/statistics/1126490/research-and-development-expenses-honda-motor/
Honda. (2023). Honda Motor Company's research and development expenses from FY 2017 to FY 2023 (in billion Japanese yen). Statista. Statista Inc.. Accessed: December 20, 2024. https://www.statista.com/statistics/1126490/research-and-development-expenses-honda-motor/
Honda. "Honda Motor Company's Research and Development Expenses from Fy 2017 to Fy 2023 (in Billion Japanese Yen)." Statista, Statista Inc., 11 May 2023, https://www.statista.com/statistics/1126490/research-and-development-expenses-honda-motor/
Honda, Honda Motor Company's research and development expenses from FY 2017 to FY 2023 (in billion Japanese yen) Statista, https://www.statista.com/statistics/1126490/research-and-development-expenses-honda-motor/ (last visited December 20, 2024)
Honda Motor Company's research and development expenses from FY 2017 to FY 2023 (in billion Japanese yen) [Graph], Honda, May 11, 2023. [Online]. Available: https://www.statista.com/statistics/1126490/research-and-development-expenses-honda-motor/
