In October 2019 Dyson ended their electric car project for financial reasons. If you are still curious how the vacuum cleaner manufacturer wanted to tackle the electric car market, James Dyson now showed a prototype of the electric car and gives some more details.
Initially, the vacuum cleaner company had hoped to bring up to three electric vehicles to market by next year, but the high development costs proved too much. The already invested funds have resulted in a research division covering solid-state batteries, sensory systems, robotics, machine learning and AI, and is planned to be channeled for other uses after they were unable to sell the division off.
Sir James Dyson, Britain’s richest man, spent £500m developing an electric car to rival Tesla’s. Then he scrapped it before the first prototype took to the road. He tells John Arlidge why https://t.co/mIVmVFnN6D
— The Sunday Times Magazine (@TheSTMagazine) May 17, 2020