Dyson has secretly been working on an electric car for two years

Entrepreneur Sir James Dyson has revealed his company has been developing an electric car for the last two years.

He said the firm plans to spend £2 billion to create the vehicle, which does not yet have a prototype, before its launch in 2020.

The company, better known for its high-powered vacuum cleaners and fans, has been working on the secret project at its Wiltshire headquarters.

Sir James has not yet announced how much the car will cost, any of its specifications, or even a picture.

In an email to staff, he said: “The project will grow quickly from here but at this stage we will not release any information. Competition for new technology in the automotive industry is fierce and we must do everything we can to keep the specifics of our vehicle confidential.”

An electric car charging point
The Government plans to ban the sale of new diesel and petrol cars by 2040 (Peter Byrne/PA)

Sir James suggested the car won’t be aimed at the mass market and, like his vacuum cleaners, will come at a premium price.

Dyson is joining Tesla, as well as established car manufacturers like Nissan and BMW, by introducing an electric car.

More in this Section

New audio book makes you explore London in order to hear the story

The Pixel 2 XL has been hit by reports of screen burn-in

Pay with Google goes live to make buying things in Android and Chrome faster

The Google Play Store will now let users try apps before they buy them

Today's Stories

Couple brought two young children with them to carry out carjacking

Calls for review of Cork city’s tree policy after Ophelia knocks up to 600 trees

After ‘dragging their feet’, banks to offer customers compensation

High levels of manganese in Cork village's water baffling


Delving into the Irish tradition of Jack O'Laterns

Making Cents: How to call the scammers’ bluff

Why Hollywood gave superhero Thor a makeover

A helicopter put a piano on the 150-foot roof of Blarney Castle and other stories from the Cork Jazz Festival archives

More From The Irish Examiner