#JamesDyson
Sorry, Britain: Vacuum Tycoon Decides to Build Dyson EVs in Singapore
British vacuum magnate James Dyson has decided to construct his company’s planned electric vehicles in Singapore, rather than his home country. The choice prompted a mild uproar in the UK, as Dyson was a major proponent of Brexit.
However, he’s also still a businessman. China currently buys more EVs than any other nation on the planet, a fact that’s unlikely to change any time soon, and it’s typically more affordable to manufacture there than risking importation. This is especially true of automobiles. Officially, Dyson has said his business’ “center of gravity” has begun shifting toward Asia, accounting for nearly three quarters of the company’s revenue growth last year.
C’est la vie, as the British say.
Matt Posky
Oct 23, 2018
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