R&D expenses in the car industry in Germany from 2011-2022
In 2022, German automobile manufacturers invested a total of around 18.75 billion euros in research and development (R&D) in Germany. This represents an increase of around eleven percent compared to the previous year. Generally, the expenses for research and development have increased annually since 2011, but declined slightly in 2013 and 2020. However, figures increased again sharply in the following year and peaked in 2023.