While most of these companies are using lithium-ion batteries in their current models, Dyson said its vehicle would use solid-state batteries that are smaller, more efficient, easier to charge and potentially easier to recycle.
It isn't clear if Dyson plans to market its electric vehicle to regions beyond its home-base of the U.K. It also isn't clear when the company will offer up more details on its new product. This suggests that it might be a rival to the Tesla Model S in terms of market position.
Dyson may be on the verge of revealing plans to launch its own electric vehicle, according to a new report.
The company will develop the auto at Hullavington, a former Second World War RAF base in Wiltshire, which will open next year, and is now developing the vehicle at its nearby headquarters. I believed that electrically powered vehicles would solve the vehicle pollution problem. But at the moment, there's no way to tell how well Dyson's technology will carry over into automotive applications.More news: Iran releases video of new ballistic missile being test-fired
James Dyson explained in a press announcement that contains too much fluff for our taste that the Dyson electric vehicle division is now at over 400 strong and it's recruiting aggressively.
The founder said Dyson was going public with its project now - even though it does not expect to be able to deliver a vehicle to its first customers until 2020 or early 2021 - because secrecy around the project was constraining its ability to do deals with auto parts suppliers for the new vehicle and also hampering recruiting.
However, there's no denying that Dyson does know technology, at least when it comes to vacuums, HVACs, and robots. The company will spend around $2.7 billion on the project, which 400 workers have already been clandestinely working on for two years.
Dyson scrapped the project as "nobody at the time was interested".More news: Reagan column: Trump shows willingness to stand up for America at UN
Dyson hired Aston Martin's former director of purchasing, David Wyer, to become its head of procurement in August.
This will secure £174m of investment in the area creating over 500 jobs, mostly in engineering.
Soon after, the document was altered to say: "The Government is providing a grant of up to £16m to Dyson to support research and development for battery technology at their site in Malmesbury".More news: Faye Resnick Has Thoughts About Kylie Jenner's Rumored Pregnancy
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