SINGAPORE - Electrical appliance giant Dyson is closing its automotive division as the company’s electric car is not commercially viable, the company said on Thursday evening .
“We have been through a serious process to find a buyer for the project which has, unfortunately, been unsuccessful so far.” In October last year, the billionaire British inventor unveiled his plan to build an electric car plant in Singapore. It was expected to be completed next year, with the first vehicles to be ready in 2021.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Singapore keeps top spot in South-east Asia IPOs but Thailand, Philippine firms lead revivalSINGAPORE (REUTERS) - Thailand and Philippine companies are leading a regional pick-up in initial public offerings (IPOs), spurred by growing investor interest in firms focused on South-east Asian consumers.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Business card management firm Sansan to expand operations in Singapore and regionSINGAPORE - Local cleaning equipment company SuperSteam was struggling to organise the contact information of potential clients and suppliers, especially after hosting exhibitions where it would receive stacks of business cards.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Singapore shares end flat after Thursday's volatile sessionTHE Straits Times Index (STI)started the day 0.4 per cent lower before clawing back to finish at 3,089.48, down just 0.42 point. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Deep tech on the radar of EDB's corporate investment armDEEP tech firms now account for over a third of the portfolio of EDBI, the Singapore Economic Development Board's (EDB) corporate investment arm. In the past three years, EDBI has also doubled both the number of its portfolio firms in healthcare, and its share of investment in Asia, in an indication of its evolving investment direction. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Eco music festival ChillFest@The Green cancelled 10 days ahead of eventSINGAPORE — ChillFestThe Green, a one-day festival with names like Boyce Avenue and Charlie Lim in its line-up, has been cancelled due to a poor projected turnout.
Source: TODAYonline - 🏆 1. / 99 Read more »
'I did not touch the car that day at all,' claims Maserati owner accused of dragging traffic police officer with carSINGAPORE: A Maserati owner accused of driving off while dragging a traffic police officer with the car took the stand on Wednesday (Oct 9), ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »