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Dyson electric car investment

Dyson electric car investment
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Building a skyscraper? The 30m Wood Innovation Design Centre, Canada, completes summer 2014

James Dyson has invested £2.5bn on a  ‘radically different’ electric car. The British inventor says it will probably launch in 2020 but as yet there is no design for the body.

Dyson said consumers would have to “wait and see” what the car would look like: “We don’t have an existing chassis … We’re starting from scratch. What we’re doing is quite radical.”

No prototype has yet been built, but Dyson said the car’s electric motor was ready, while two different battery types were under development which he claims are already more efficient than in existing electric cars.

He said he had long been concerned by diesel particulate pollution and while he had designed filters for such engines, he had concluded that electric vehicles were the best way to progress.

The new design was “all about the technology” and he warned that it would be an expensive vehicle to purchase.

The billionaire who revolutionised the vacuum cleaner said 400 engineers in Wiltshire had been working since 2015 on the £2.5bn project.

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