Dyson confirms Electric Vehicle manufacturing plans.
Dyson, the British company best known for vacuum cleaners and prized hair dryers, confirmed the decision to construct their first advanced automotive manufacturing facility in Singapore.
The manufacturing facility is scheduled for completion in 2020. Earlier this year Dyson announced it was in the process of investing 200 million Euros in new buildings and testing facilities at its campus at Hullavington Airfield, UK. It continues its 2.5 billion Euros investment in new technology globally.
Singapore is where Dyson produces all the electric motors for its vacuums and it believes that while the R&D for its electric vehicles will continue to be led out of the UK, production and distribution will be best located in Singapore.
In a statement to Dyson staff, CEO, Jim Rowan said: “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”
“I am delighted to let you know that the Dyson Board has now decided that our first automotive manufacturing facility will be in Singapore.”
“Our existing footprint and team in Singapore, combined with the nation’s significant advanced manufacturing expertise, made it a frontrunner. Singapore also offers access to high-growth markets as well as an extensive supply chain and a highly skilled workforce.”
Dyson said it will look to expand its workforce of 1100 employees in Singapore to meet the demands of electric vehicle production. This will still be dwarfed by its UK workforce of 4800. Dyson also announced it would continue to invest in the UK as part of the business’s £2.5bn (AUD$4.5bn) investment in staff, new buildings and technology development.
25 Oct 2018