Billionaire vacuum cleaner maker James Dyson will open an electric car factory in Singapore in 2020. The British consumer goods company will invest about $2.7 billion to launch new electric cars.
Dyson has plenty of experience working with batteries, electric motors and sleek luxury designs.
Most new electric car start-ups, including Dyson, Tesla, Apple and Faraday, are focusing entirely on electric vehicles.
Dyson is worth £9.5 billion and has promised at least £2.5bn to the electric car project.
There is a Dyson Technology Limited patent. UK patent application No2548361 titled “Method Of Fabricating An Energy Storage Device”. It claims invention provides a simple, fast and low-cost way of producing a solid-state cell.
Dyson will also try to make an electric plane.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
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