James Dyson told how he spent half a billion pounds on a electric car

the Electric car, who for several years has developed in the company Dyson, was conceived as a British answer to the Tesla: it was supposed to be an SUV designed in the style of a modern Range Rover, acceleration to hundred in 4.8 seconds and record a range of 600 miles (965 km) on one full charge. About the project, closed last autumn, the founder and head of the company James Dyson said in an interview with The Sunday Times.

Dyson, which is best known as a manufacturer of high-tech vacuum cleaners, hair dryers and hand dryers, has announced plans to create the electric car in 2017. a Year later, said that to collect the machines will be in Singapore, and they will be equipped with solid-state batteries-house development of the company.

On a project of electric car Dyson worked up to 600 people, and funded mainly by the founder of the company – in an interview with an engineer-billionaire said that spent half a billion pounds (600 million dollars) from its own funds. However, in October 2019, the Dyson realized that the electric car will be too expensive to manufacture, and the project is not viable.

However, the head of the Dyson insists that the time and money spent is not wasted: the company will continue to develop solid-state batteries. Plan to use them not only in their own products, but also to sell to other companies, including automakers. Useful, sure Dyson, and developments in the field of artificial intelligence.

the Billionaire said that the company already had a working prototype of the electric vehicle under the code name N526, and he even drove it in a closed from prying eyes site. The car weighed 2.6 tons, and two 200-kilowatt motor allowed him to reach a speed of 200 km/h. Interview with the head of Dyson in The Sunday Times was dedicated to the release of the next edition of the list of the richest people in the UK, in which James Dyson for the first time took first place. His fortune is estimated at 16.2 billion pounds ($19.6 billion).

Text: News.Hi-tech