Brexit backer Dyson to make electric cars in Singapore

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.

Brexit backer Dyson to make electric cars in Singapore

British electric appliance pioneer Dyson said Tuesday it had picked Singapore as the site for its first electric car plant, sparking criticism of the company's Brexit-backing billionaire founder for not investing more in British manufacturing.

The company, best known for its cordless vacuum cleaners, hand dryers and fans, is aiming to launch electric vehicles in 2021.

"The decision of where to make our car is complex, based on supply chains, access to markets and the availability of the expertise that will help us achieve our ambitions," Dyson chief executive Jim Rowan said in a statement.

"Our existing footprint and team in Singapore, combined with the nation's significant advanced manufacturing expertise, made it a frontrunner. Singapore also offers access to high-growth markets as well as an extensive supply chain and a highly-skilled workforce," Rowan said.

"Singapore has a comparatively high cost base, but also great technology expertise and focus. It is therefore the right place to make high quality technology loaded machines, and the right place to make our electric vehicle."

The company already has production facilities in Malaysia and Singapore.

Add Comment