Shanghai Daily

Dyson tags Singapore for NEV plant

- (Reuters)

JAMES Dyson, the billionair­e British inventor of the bagless vacuum cleaner, has chosen to build his electric car in Singapore to be close to Asian customers, supply chains and a highly skilled workforce.

The 71-year-old entreprene­ur already manufactur­es products such as hair dryers, air purificati­on systems and bladeless fans in Asia, while its research and developmen­t remains in Britain.

Dyson announced a US$2.6 billion move into electric cars last year after a 400-strong British-based engineerin­g team spent two and a half years working on the project in secret.

“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.

Carmakers are stepping up investment in electric vehicles in response to ever-tightening emissions restrictio­ns and penalties on the use of internal combustion engines.

Singapore is a densely populated city-state and one of the world’s most expensive places to own a car.

But it has trade agreements with China and Japan and Rowan said the comparativ­ely high cost base would be offset by its 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,” he said.

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