After the car was yellow, Dyson invested heavily in AI, robots and batteries

category:Finance
 After the car was yellow, Dyson invested heavily in AI, robots and batteries


Roland Krueger, chief executive of Dyson, said the investments would open a new chapter for the company, and new technologies such as batteries and robots would improve the performance and sustainability of Dysons products. It is worth noting that Dyson announced a controversial plan last year to move its headquarters from Wiltshire to Singapore. The company said at the time that the relocation had nothing to do with brexit and tax rates, but was based on business considerations in Asia. The reason is that most of Dysons products are designed in the UK, but they are all produced in Asia. This site selection in Singapore mainly takes into account another previous project of Dyson - the establishment of the first electric vehicle manufacturing plant in Singapore. However, Sir James Dyson, the founder of Dyson, announced in October last year that it would cancel the project of electric vehicles with hundreds of millions of pounds, saying that the cost of competition with established automobile manufacturers was too high, and the company could not find a viable commercial solution in the field of electric vehicles. Source: Wall Street news editor: Yang Bin_ NF4368

Roland Krueger, chief executive of Dyson, said the investments would open a new chapter for the company, and new technologies such as batteries and robots would improve the performance and sustainability of Dysons products.

It is worth noting that Dyson announced a controversial plan last year to move its headquarters from Wiltshire to Singapore. The company said at the time that the relocation had nothing to do with brexit and tax rates, but was based on business considerations in Asia.

The reason is that most of Dysons products are designed in the UK, but they are all produced in Asia. This site selection in Singapore mainly takes into account another previous project of Dyson - the establishment of the first electric vehicle manufacturing plant in Singapore.

However, Sir James Dyson, the founder of Dyson, announced in October last year that it would cancel the project of electric vehicles with hundreds of millions of pounds, saying that the cost of competition with established automobile manufacturers was too high, and the company could not find a viable commercial solution in the field of electric vehicles.