Dyson

Briefs
SINGAPORE (May 13): “I have waited my entire career to trade a stock like this, and to open an IPO like Uber.” — Pete Giacchi, senior trader at Citadel Securities. Uber is set to start trading on May 10. MAS shifts $45 billion of reserves to GIC in unusual, publicised move In an unusual public announcement, the Monetary Authority of Singapore says it is transferring $45 billion from ...
Singapore in talks with more electric car companies after Dyson
SINGAPORE (Apr 22): Following Dyson’s plans late last year to manufacture its first electric car in Singapore, the city-state is now in talks with other makers of green vehicles to set up shop on the island. Singapore is pitching its connectivity to global markets through free-trade agreements, its high-skilled workforce and stringent protection of intellectual property, which is critical ...
Dyson moves HQ to Singapore as Asia fuels electric car dream
SINGAPORE (Jan 23): The billionaire inventor James Dyson, an ardent backer of Brexit, has decided to relocate his company’s head office to Singapore in a blow to the UK government. Dyson has mushroomed in recent years, driven by a growing customer base in Asia. Known for vacuum cleaners and hand dryers, the firm has expanded into air purifiers and hair-care products, and embarked on a costly ...
Brexit sucks the air out of Dyson's Singapore move
(Jan 23): Vacuum billionaire James Dyson’s decision to move the headquarters of his eponymous firm from an English market town to the bustle of Singapore will inevitably be seen as a verdict on Brexit – whatever the company says to the contrary. Dyson supported Britain’s campaign to leave the European Union, citing labour laws which he said force him to hire engineers from the ...
Dyson parks first electric car facility in world's most expensive place to own a car
SINGAPORE (Oct 29): In his Facebook post about British company Dyson’s decision to set up an electric car manufacturing facility in Singapore, Prime Minister Lee Hsien Loong wrote that when he met inventor James Dyson last month, James told him that it was Singapore’s expertise in advanced manufacturing, global connectivity and talented workforce that helped him make up his mind. In fact, ...
Dyson to open first electric car plant in Singapore
SINGAPORE (Oct 23): Dyson has chosen Singapore as the location to build its first advanced automotive manufacturing facility. The bespoke two-storey building is expected to be completed in 2020. See: How about an all-electric car-lite Singapore? Dyson plans to invest £2 billion ($3.6 billion) to build its own electric vehicle with £1 billion going into battery technology and the other ...
NTU jointly launches Dyson's first on-campus engineering studio in Asia for aspiring technopreneurs
SINGAPORE (Aug 27): Nanyang Technological University (NTU) and Dyson have jointly launched the Dyson-NTU Studio, an engineering studio that offers a semester-long undergraduate course module to NTU engineering students.   Known as the Product Development Challenge module, the course will be guided by NTU professors and Dyson engineers, and is due to commence this academic year. It will ...
Sir James Dyson attempts to slay the global air pollution demon with his very own EV
SINGAPORE (Sept 27): Vacuum cleaners with endless suction power, fans without blades, hair dryers that do not overheat ... and now battery electric vehicle? Yes, Sir James Dyson has just confirmed via a Facebook post that the company is working on a battery electric vehicle, due to be launched by 2020. According to Dyson, a 400-strong team of top engineers and talented individuals from ...