The prominent Brexit backer Sir James Dyson has chosen Singapore over the UK as the manufacturing base for his firm’s new electric car, as it steps up plans to take on big US rivals in automotive technology.
The British manufacturer chose Singapore because of its proximity to “high-growth markets” in Asia, the chief executive, Jim Rowan, said in a memo to staff on Tuesday. The plant will be completed in 2020, with the car to be launched in 2021.
Multiple locations were shortlisted, with Dyson engaging in discussions with governments around the world before the decision.
Dyson already manufactures electric motors for its other products, such as vacuum cleaners and fans, in Singapore, where it employs 1,100 people. Staff numbers in Singapore will more than double after it completes the new facility.