The endeavour was worth £2 billion ($3.45 billion) and, according to Dyson, the brain behind a series of engineering marvels such as bladeless fans and bagless vacuum cleaners, his ambition was to resolve air pollution woes.
Does Dyson’s abrupt termination of its electric car project spell the end of a subsidy-driven boom and is it time for real economics to drive the market forward?
SINGAPORE (Oct 21): In September 2017, British inventor James Dyson announced plans to produce a battery electric vehicle (EV) with an all-electric drivetrain by 2020. In an email to employees, Dyson said the team already had over 400 members and he was still “recruiting aggressively”.
