News analysis

What's driving Dyson's sudden exit from e-vehicle market?

The plug has been pulled on the plans by appliance maker Dyson to produce a game changing electric car in Singapore.

The company led by British entrepreneur James Dyson has decided to shelve the project - less than a year after announcing it would do so. The cars were to have been built at a plant in Singapore, where the company has moved its corporate headquarters.

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A version of this article appeared in the print edition of The Straits Times on October 12, 2019, with the headline 'What's driving Dyson's sudden exit from e-vehicle market?'. Print Edition | Subscribe