Wednesday, 3 May 2023

Dyson plans new battery plant in Singapore

Dyson Plans New Battery Plant in Singapore

Dyson Plans New Battery Plant in Singapore

Dyson, the British technology company known for its innovative household appliances, has announced plans to build a new battery plant in Singapore. The plant will be part of Dyson's efforts to expand its electric vehicle (EV) business.

The new plant will be located in the western part of Singapore and is expected to be operational by 2020. It will produce advanced lithium-ion batteries that will be used in Dyson's EVs. The company has already invested £2 billion in its EV program and plans to launch its first electric car in 2021.

Singapore was chosen as the location for the new battery plant due to its strategic location and strong support for EVs. The country has been actively promoting the adoption of EVs and has set a target to phase out petrol and diesel vehicles by 2040. Singapore also has a highly skilled workforce and a favorable business environment, making it an attractive location for companies like Dyson.

The new battery plant is expected to create hundreds of jobs in Singapore and will contribute to the country's growing clean energy sector. It will also help Dyson to achieve its goal of becoming a leader in the EV market.

Dyson's decision to build a new battery plant in Singapore is a positive development for the country's economy and its efforts to promote sustainable transportation. It also highlights the growing importance of EVs in the global automotive industry and the need for advanced battery technology to power these vehicles.



https://www.lifetechnology.com/blogs/life-technology-technology-news/dyson-plans-new-battery-plant-in-singapore

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