According to a recent report by the European "Automotive News", PricewaterhouseCoopers compiled the 2015 R&D investment list of auto companies. Among them, the German Volkswagen Group topped the list with 15.3 billion US dollars; Toyota Motor Corporation ranked second with 9.2 billion US dollars; Daimler Group ranked third with 7.6 billion US dollars.

The top 20 in the rankings also began to show some new faces, such as the Group is ranked 19th, and Kia Motors ranked 20th. The data shows that in 2015, the total R&D budget of listed companies in the automotive industry was US$109.3 billion, an increase of 4.5% from 2014.

In the field of auto parts suppliers, Denso ranked first with US$3.6 billion, followed by Continental and Aisin Seiki. Since Bosch is not a listed company, research and development data is temporarily unavailable.

In terms of geographical distribution, Asia has become the focus of R&D investment by automakers, component suppliers and even major industry companies. The main reason is that China and India are growing economically, market demand is expanding, and companies are attracted to R&D. Europe fell from the first place in the previous year to the third, after Asia and North America.

Simple investment does not mean anything. Therefore, PricewaterhouseCoopers evaluates the innovative capabilities of listed companies. The results show that Apple and Google ranked first and second respectively. There are two car companies in the top ten, one of which is Tesla, which ranks third. Toyota re-entered the list three years later.

There is no doubt that future automakers and auto parts suppliers will steadily increase their R&D investment to design driverless cars, upgrade car-linking technology and improve fuel economy.

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