General Motors incurred around 9.9 billion U.S. dollars in R&D costs in 2023. Part of these expenses related to vehicle and greenhouse gas emissions control, improved fuel economy, electric vehicles, autonomous vehicles, and driver safety.
General Motors Company's research and development expenditures from FY 2015 to FY 2023
(in billion U.S. dollars)
Only including continued operations; the European business is presented as discontinued operations in the consolidated financial statements for all periods presented, the source specifies.
The figures are for the years ended December 31. The values for 2015 through 2020 were taken from a previous financial statement.
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General Motors. (January 30, 2024). General Motors Company's research and development expenditures from FY 2015 to FY 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/260866/research-and-development-expenditures-of-general-motors/
General Motors. "General Motors Company's research and development expenditures from FY 2015 to FY 2023 (in billion U.S. dollars)." Chart. January 30, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/260866/research-and-development-expenditures-of-general-motors/
General Motors. (2024). General Motors Company's research and development expenditures from FY 2015 to FY 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/260866/research-and-development-expenditures-of-general-motors/
General Motors. "General Motors Company's Research and Development Expenditures from Fy 2015 to Fy 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Jan 2024, https://www.statista.com/statistics/260866/research-and-development-expenditures-of-general-motors/
General Motors, General Motors Company's research and development expenditures from FY 2015 to FY 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/260866/research-and-development-expenditures-of-general-motors/ (last visited December 23, 2024)
General Motors Company's research and development expenditures from FY 2015 to FY 2023 (in billion U.S. dollars) [Graph], General Motors, January 30, 2024. [Online]. Available: https://www.statista.com/statistics/260866/research-and-development-expenditures-of-general-motors/
