Dyson, the UK company best known for its pricey vacuum cleaners, is building an electric car. The vehicle will be unveiled in 2020, and Dyson says it already has a team “over 400 strong” working on the project. The company plans to invest over £2 billion ($2.6 billion) in the endeavor, drawing on its battery and digital motor expertise to further the vehicle’s development.
In a letter sent to employees, the company’s founder and CEO James Dyson discussed his long-held ambition to reduce toxic emissions from trucks and cars. “It has remained my ambition to find a solution to the global problem of air pollution,” wrote Dyson. “At this moment, we finally have the opportunity to bring all our technologies together in a single product. So I...