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Billionaire Dyson Accelerates Electric Car Plans

billionaire dyson accelerates electric car plans business manchester

Tech entrepreneur James Dyson is advancing his electric car project by proposing the development of a test track.

James Dyson, known for his innovative contributions to technology, has announced detailed plans to expand his electric car project. The proposal includes the construction of a test track over ten miles long and a new complex designed to accommodate 2,000 staff. This development is set to take place on a former World War Two airfield in Wiltshire.

Dyson’s company has committed an additional £116 million towards the development of the electric car, which aims for a 2021 launch. Currently, a team of 400 people is dedicated to this project. If the plan succeeds, the total investment in the project would reach £200 million.

Dyson emphasised the company’s focus on the next stage of their automotive project, highlighting its role in strengthening their global research and development credentials. Dyson stated, “We are now firmly focused on the next stage of our automotive project, strengthening our credentials as a global research and development organisation.”

Jim Rowan, chief executive of Dyson, echoed this sentiment, stating that the Hullavington site has the potential to become a “world-class vehicle testing campus.” Rowan reiterated the focus on advancing the company’s automotive project and enhancing its standing as an international R&D leader.

James Dyson’s ambitious plans to accelerate his electric car project underscore his commitment to innovation and research. The proposed developments in Wiltshire signify a significant investment in the future of automotive technology.

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