In 2023, BYD Group spent almost 40 billion yuan in research and development for new technologies such as "Cell To Body", "Blade Battery" and "DiLink 4.0 (5G)". This represents an increase of 97.39 percent compared to the previous year.
BYD Group's research and development expenses from 2017 to 2023
(in billion yuan)
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cninfo.com.cn. (March 27, 2024). BYD Group's research and development expenses from 2017 to 2023 (in billion yuan) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1306674/byd-in-china-expenses-for-research-development/
cninfo.com.cn. "BYD Group's research and development expenses from 2017 to 2023 (in billion yuan)." Chart. March 27, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1306674/byd-in-china-expenses-for-research-development/
cninfo.com.cn. (2024). BYD Group's research and development expenses from 2017 to 2023 (in billion yuan). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1306674/byd-in-china-expenses-for-research-development/
cninfo.com.cn. "Byd Group's Research and Development Expenses from 2017 to 2023 (in Billion Yuan)." Statista, Statista Inc., 27 Mar 2024, https://www.statista.com/statistics/1306674/byd-in-china-expenses-for-research-development/
cninfo.com.cn, BYD Group's research and development expenses from 2017 to 2023 (in billion yuan) Statista, https://www.statista.com/statistics/1306674/byd-in-china-expenses-for-research-development/ (last visited December 21, 2024)
BYD Group's research and development expenses from 2017 to 2023 (in billion yuan) [Graph], cninfo.com.cn, March 27, 2024. [Online]. Available: https://www.statista.com/statistics/1306674/byd-in-china-expenses-for-research-development/