Great Wall Motors (GWM ) Research & Development Costs

Research & Development (R&D) Expenses of GWM (Great Wall Motors) 2009-2020.

Amounts are in millions of RMB (Chinese Yuan).

YearR&D Expenses (RMB Million)
20203,067.5
20192,716.22
20181743.4
20173364.6
20163180.2
20152760.6
20142571.6
20131692.9
2012956.6
2011635.4
2010447.4
2009335.15

Great Wall Motors is a leading Chinese Automobiles manufacturer and the largest seller of SUVs in China.

GWM spent 3.07 billion Chinese Yuan on research and development in 2020 compabred to 2.7 billion Yuan in 2019.

The research and development expenses of Great Wall Motors declined by 48% in 2018 as compared to 2017, falling to RMB 1743.4 million in 2018 from RMB 3364.6 million in 2017.