Dyson Announces Plans To Build Electric Car Factory In Singapore
British technology company and renowned vacuum manufacturer Dyson Ltd. plans to manufacture its first electric car in Singapore. According to Bloomberg, Dyson announced its plans to complete a factory in Singapore by 2020 and release its first electric car model by 2021.
Dyson's recent announcement is just one part of the company's $2.6 billion effort to expand into the automotive market and to challenge Tesla Inc. to the hottest sector -- electric vehicles.
In 2017, more than 73 million vehicles were produced worldwide and more than $4 billion worth of metalworking fluids were globally consumed just for lubricating transportation equipment.
Singapore is one of the costliest places in the world to purchase a vehicle because the city-state doesn't house any car-manufacturing ...








