according to The Guardian , the company ’s National Infrastructure Delivery Plan , published this week , stated that it is to invest £ 174 m in government funding “ to develop a new battery electric vehicle . ” In 2014 , Dyson announced it would invest £ 1.5bn in R&D with a view to launch 100 new electrical vehicles by 2020 . Being no relation to motor technology and innovation , last year they also acquired solid - state battery pioneer Skati3 , and , as we reported earlier this week , the company has proposed to invest £ 1bn in battery technology over the next five years .
According to The Guardian, the government’s National Infrastructure Delivery Plan, published this week, stated that Dyson is to receive £174m in government funding “to develop a new battery electric vehicle.” In 2014, Dyson announced it would invest £1.5bn in R&D with a view to launch 100 new electrical products by 2018. Being no stranger to motor technology and innovation, last year Dyson also acquired solid-state battery pioneer Skati3, and, as we reported earlier this week, the company has proposed to invest £1bn in battery technology over the next five years.