Billionaire Sir James Dyson has scrapped plans to build electric cars
has scrapped plans to build electric cars after telling staff it is not"commercially viable.”
Dyson had announced in 2018 that the electric car would be produced in Singapore, with the launch of the car expected in 2021. American, Chinese and Japanese firms have dominated the market for the fast-growing market, and Dyson’s move will be viewed as a blow to British business. In October 2018 Dyson, most famous for its bagless vacuums and hand dryers, announced its decision to build its highly anticipated electric car in Singapore.
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