Question:
State the reason, why manufacturers of automobile traditionally rank at the top of the RD funding lists of all industries.
State the reason, why manufacturers of automobile traditionally rank at the top of the RD funding lists of all industries.
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RD in the automobile industry drives innovation in safety, performance, and environmental standards.
Updated On: Dec 19, 2024
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Solution and Explanation
Automobile manufacturers invest heavily in research and development (RD) to innovate and improve the efficiency of their vehicles. This includes advancements in fuel efficiency, safety, and overall performance. Hence, the correct answer is ”To innovate and improve efficiency.”
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