Well-known British inventor James Dyson cancels multi-billion-dollar electric car project

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Well-known British inventor James Dyson cancels multi-billion-dollar electric car project GlobeTechnology

This translation has been automatically generated and has not been verified for accuracy.James Dyson has cancelled his ambitious project to build an electric car, the centrepiece of a 2.5-billion-pound investment in technology, saying he could not see a way to make it commercially viable.

“However, though we have tried very hard throughout the development process, we simply can no longer see a way to make it commercially viable,” he said in an e-mail to staff.The company had tried to find a buyer for the project but had not succeeded, he said. Singapore was selected a year ago as the location for a new plant to build the vehicle, which was targeted at markets in China and elsewhere in Asia.

 

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GlobeTechnology That sucks. Guess you can’t run a car on cyclone technology

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