Oct 26: British technology company Dyson, which is renowned for its products like vacuum cleaners and prized hair dryers, has said that its board has given the go ahead for establishing an innovative automotive manufacturing facility in Singapore.
This will be the first such facility of the company. The plans are to complete the construction of the facility in 2020, said news reports in this regard.
The company had announced its plans to invest 200 million Euros for setting up new buildings and testing facilities at its campus at Hullavington Airfield, the UK. The company is also investing 2.5 billion Euros in novel technology segments worldwide.
The choice of where to manufacture the electric cars will be made based on the supply chains, access to markets, and the availability of the expertise which will enhance the companies ambitions, reports quoting a company executive said.
It is likely that the company would manufacture the electric cars in Singapore. According to the company project timeline, the construction which will begin in December is to conclude by 2020.
In the year 2007, Dyson began its works in Singapore. A small engineering team was set up in Singapore to develop the high speed, digital, electric motors. Post this, the company graph has shown a huge growth. Currently, the company employs 1,100 people in Singapore and has produced over fifty million high-speed Dyson Digital Motors. Dyson is all set to bring in its first electric car in 2021.