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2024 R&D Expenditures of Chinese Automakers: BYD and Xiaomi Lead the Pack
2 day ago /
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Author：小编
Zoo's Auto Research has recently unveiled a ranking of R&D expenditures by leading Chinese independent automakers. BYD emerged as the frontrunner, investing 53.19 billion yuan in research and development, closely followed by Xiaomi Group with 24.05 billion yuan. SAIC Motor, NIO, Li Auto, and Geely Auto also secured prominent positions on the list, each allocating over 10 billion yuan towards R&D. This ranking offers a clear indication of these automakers' commitment to technological innovation and the burgeoning field of new energy vehicles.
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