London (CNN)Dyson has announced plans to build electric cars at a new factory in Singapore that will be operational by 2020.
The British maker of vacuums and hand dryers said Tuesday that it had selected the city because of its manufacturing expertise, skilled workforce and proximity to high-growth markets in Asia. Construction work will begin in December.
“Singapore has a comparatively high cost base, but also great technology expertise and focus,” CEO Jim Rowan said in a statement. “It is therefore the right place to make high quality technology loaded machines, and the right place to make our electric vehicle.”
