James Dyson, the billionaire British inventor of the bagless vacuum cleaner, has chosen to build his electric car in Singapore, Reuters reports.
Singapore, rather than Britain, was picked as the location for the new factory as it would help Dyson be close to Asian customers, supply chains and a highly skilled workforce, according to the report.
The entrepreneur already manufactures products such as hair dryers, air purification systems and bladeless fans in Asia, though his firm’s research and development remains in Britain.
Dyson said last year that a 400-strong, British-based engineering team had been secretly working for more than two years on a US$2.6 billion project to build an electric car.
The company, one of Britain’s biggest manufacturing success stories, has not shown any designs for its electric vehicle, although James Dyson has said it will not be like anything else on the market.
“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 CEO Jim Rowan was quoted as saying after Singapore was chosen on Tuesday.
Dyson would build a new two-storey manufacturing facility in Singapore. The facility is scheduled for completion in 2020, with the first cars rolling off production lines a year later, according to the report.
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