Brit tech firm Dyson is opening up a car plant in Singapore
The new plant will make electric cars, with the first due to roll off the production line in 2021
BRIT tech firm DYSON, founded by Brexit-backing billionaire Sir James Dyson, is opening a car plant in Singapore.
The new facility will make electric cars, with the first due to roll off the production line in 2021.
Singapore beat competition from the UK, Malaysia and China to be chosen.
Dyson, best known for its vacuum cleaners, already makes motors for domestic appliances in the city state.
The car factory will also be on the doorstep of Dyson’s key markets in Asia.
Ben Bradshaw MP said: “Sir James Dyson has joined a growing list of Brexit-advocates who have turned their back on investing in Britain or staking their future on our country’s success.”
The Sun Says
GOOD luck to Sir James Dyson in Asia.
His new Singapore plant will give his thriving British firm a foothold in the world’s fastest-growing car market.
And it seems to have escaped the Remainers crowing that Brexit backer Sir James has chosen to build abroad that — by their logic — we’d have to boot Nissan out of Sunderland.
Brexit is about building a free trading Britain. That means being a part of a global economy. One in which the Japanese can build cars in the North East, American outfits can trade in the City and, yes, navy blue British passports can be made in France.
Protectionism is a race to the bottom.
most rad in money
Dyson chief exec Jim Rowan said: “Our existing footprint in Singapore, combined with the nation’s significant advanced manufacturing expertise, made it a frontrunner.
“Singapore also offers access to high-growth markets as well as an extensive supply chain and highly-skilled workforce.”
Dr Jonathan Owens, of the University of Salford Business School, said the move was “disappointing” but “not surprising”.
Dyson is investing £200million in new facilities at Hullavington Airfield near its Wiltshire HQ.