Published: Wed, October 24, 2018
Markets | By Otis Pena

Dyson to build electric vehicles in Singapore

Dyson to build electric vehicles in Singapore

Dyson is aiming to launch its first electric vehicle in 2021.

Dyson, founded and owned by serial entrepreneur James Dyson, said the factory was scheduled for completion in 2020 as part of a £2.5 billion (2.8 billion euro, $3.3 billion) global investment drive in new technology.

The company announced back in September of 2017 that it was planning to get into the electric auto business, and today Dyson gave the world a peek at how it's going to make that happen with the announcement of a new facility for making electric vehicles in Singapore, scheduled to open in 2021.

In the future, the Dyson name will also be associated with electric cars.

James Dyson is looking to exploit his company's expertise in solid-state battery technology and electric motors that are found in his innovative vacuum cleaners and other products like bladeless fans and air purifiers.

Dyson's decision to build a new plant in Singapore is not a surprise, since the company already has a facility there that builds the motors used in their vacuum cleaners and hand dryers, employing 1,100 people.

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"Our RDD teams at both the Singapore Technology Centre and the Advanced Manufacturing Centre have developed world-leading knowledge and represent Dyson at its best", Rowan said.

Chief executive Jim Rowan said to staff in a memo that it had chosen Singapore "based on supply chains, access to markets, and the availability of the expertise that will help us achieve our ambitions".

The proposed Dyson manufacturing facility. "It is therefore the right place to make high quality technology loaded machines, and the right place to make our electric vehicle".

It's no secret that Dyson is venturing into the electric vehicle market, and the latest news from multiple news sources, including BBC News, The Verge and Autocar, is that the British appliance maker has zeroed in on a production site - and it's Singapore.

Dyson told AFP in an interview earlier this year that electric cars were already available to order. Opening a manufacturing plant in Singapore isn't out of the ordinary for the company.

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