Business & Economy Startups Dyson confirms to develop electric vehicle in Singapore-based production facility

Dyson confirms to develop electric vehicle in Singapore-based production facility

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The 27-year-old company has chosen to plant the facility in Singapore, to be completed in 2020

Earlier today, British household appliances manufacturer Dyson confirmed that it plans to produce the electric vehicle in its first car manufacturing facility based in Singapore that will be launched in 2021. Dyson plans to invest £200 million for its UK center in Dyson’s Campus at Hullavington Airfield as a continuation of its £2.5 billion investment in new technology globally.

Also Read: After landing Vertex investment, Binance to launch crypto exchange in Singapore

The production manufacturing facility will leverage on Dyson’s already-existed manpower in motor and battery industry in Singapore as well as the nation’s expertise in Research & Development, manufacturing, automation, and access to supply chains.

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The Singapore’s project itself will be a two-story facility, looking at completion by 2020.

“Choosing Singapore as the assembly facility of the car is based on supply chains, access to markets, and the availability of the expertise that will help us achieve our ambitions. We will begin construction in December and it will be completed in 2020, meeting our project timeline,” said Jim Rowan, CEO of Dyson.

Also Read: WeChat Pay to roll out at over 600 Singapore retail outlets

Currently, Dyson has a total of 1,100 employees in Singapore Technology Centre at Science Park One and its Advanced Manufacturing Centre at West Park, producing over fifty million Dyson Digital Motors since 11 years ago.

Dyson has employed a team of 400 to work on its electric vehicle at Hullavington Airfield, UK.

Image Credit: Dyson

The post Dyson confirms to develop electric vehicle in Singapore-based production facility appeared first on e27.

Source: E27

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