James Dyson is certainly one of the more successful businessmen in the world these days. His Dyson vacuums are known for their high quality and functioning. Word is now that Dyson wants to venture into a new business field. Dyson is looking to get into the automotive industry. Dyson has announced that he has a team of 400 engineers working on an all electic car that hopefully will be available to the consumer public by 2020. Dyson said that he and his team have been working on the vehicle project for the past two and a half years. The bagless vacuum pioneer and his company have invested a total of $2.7 billion for the project which entails the design of the vehicle and improving the solid state electric battery that would help power the new vehicle.
The new Dyson vehicle project is being headquartered in Malmesbury, Wiltshire, England. It is being said that the biggest part of the project is being able to bring a solid battery to the market. The electric motor that will be used to power the new Dyson vehicle was all designed in house by the Dyson team.
In an interview, Dyson says that at the current moment he and his company have not decided exactly where the new vehicle will be manufactured at. Dyson did stress that he will not be working with any existing automotive companies as far as developing and offering the new car. The new Dyson vehicle will be one developed and manufactured by the Dyson company itself.