Dyson Vacuum to build electric car

Sep 28, 2017 9:22 PM - 347 Views

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Looks like everyone is getting in on the electric car craze. I do not think I will ever own one.

It's official... Dyson, the privately held maker of the world's most powerful vacuum cleaners and hand dryers, is going to have an electric car on the market by the year 2020.

It's like the scenario of an over-budget ’80s action movie: billionaire mogul Sir James Dyson against billionaire mogul Elon Musk.

Dyson doesn't plan to tiptoe into the new venture, either.

According to Sir James himself, £1 billion ($1.34 billion) would be spent on developing the car, with another £1 billion on making the battery.

This commitment is substantial indeed, trumping the $2.5 billion invested by Tesla in its own EV R&D programs since the company's inception.

Progress has been underway for more than two years now, with 400 employees — many poached from competing firms, Tesla included — working on this project at company headquarters in Malmesbury, Wiltshire.

"Competition for new technology in the automotive industry is fierce and we must do everything we can to keep the specifics of our vehicle confidential," Dyson said in an internal email.

There is no prototype as of yet, but apparently there is an engine, which shouldn't come as a shock to anybody familiar with Dyson's current line of products, all of which are built around powerful, highly efficient electric motors.

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