Dyson chooses Singapore for its £2bn electric car project - Business Leader News

Dyson chooses Singapore for its £2bn electric car project

Dyson Singapore

A computer-generated image of the two-storey manufacturing facility’s design. © Dyson

UK technology firm Dyson has announced plans to build a new electric car in Singapore, not Britain.

The UK-based company, best known for its vacuum cleaners, will create a new factory in Singapore and said the decision was based on the availability of engineering talent, regional supply chains and proximity to some key target markets.

The first car is scheduled to roll off the production line in 2021.

In a statement, chief executive Jim Rowan confirmed the location of the factory just over a year after Dyson announced its £2bn plan to build an electric car.

As part of the statement, Rowan said of the new factory: “We will begin construction in December and it will be completed in 2020, meeting our project timeline.”

The company made no mention of Brexit being a decision to start production in Singapore.

Dyson currently employs 1,100 people in Singapore where it already makes electric motors, 1,300 in Malaysia, 1,000 in China and 800 in the Philippines.