{"id":13164,"date":"2020-05-19T12:45:00","date_gmt":"2020-05-19T12:45:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2560319"},"modified":"2020-05-19T12:45:00","modified_gmt":"2020-05-19T12:45:00","slug":"james-dyson-says-he-spent-500m-of-his-own-money-on-the-companys-canceled-electric-vehicle","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/05\/19\/james-dyson-says-he-spent-500m-of-his-own-money-on-the-companys-canceled-electric-vehicle\/","title":{"rendered":"James Dyson says he spent \u00a3500M of his own money on the company\u2019s canceled electric vehicle"},"content":{"rendered":"

<\/span>Image: The Sunday Times<\/small><\/p>\n

Dyson’s canceled electric vehicle was known internally as the N526, would have had a 600-mile range per charge and could go from zero to 62 mph in 4.8 seconds, company founder James Dyson said in an interview with the (London)Sunday Times<\/em>. James Dyson says he even drove the prototype of the SUV-style vehicle, meant to rival Tesla’s electric vehicles, “secretly in a screened-off compound.”<\/p>\n

The vacuum cleaner company’s short-lived electric car project started in 2017, and at one point some 600 people at Dyson were working on it. In 2018, Dyson said it would build a manufacturing plant in Singapore to make the EVs, and was also working on developing solid-state batteries for the vehicle.<\/p>\n

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The Sunday Times Magazine<\/span><\/span><\/p>\n
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Sir James Dyson, Britain’s richest man, spent £500m developing an electric car to rival Tesla’s. Then he scrapped it before the first prototype took to the road. He tells John Arlidge why https:\/\/www.<\/span>thetimes.co.uk\/article\/james-dyson-interview-electric-car-tesla-tzls09t5m?utm_medium=Social&utm_source=Twitter#Echobox=1589556012 <\/span>…<\/p>\n

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James Dyson interview: how I blew £500m on electric car to rival Tesla<\/h2>\n

SIR JAMES DYSON AND FAMILYRANK: 1Household goods and technology£16.2bn \u25b2£3.6bn2019: £12.6bn, 5“This is the first one that ran. I drove it secretly in a screened-off compound we have here,” says Sir<\/p>\n

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