The Engineer

Dyson's £2bn EV project runs out of road

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UK engineering firm Dyson has pulled the plug on the £2bn electric vehicle project it announced back in 2017.

In a letter to employees, founder and chairman James Dyson said that the company could “no longer see a way to make it commercially viable.” Attempts to sell the Dyson Automotive division, which employs some 523 people, had proved fruitless. The letter went on to say that the company is attempting to find roles within other divisions for those who had been working on the project. Patents from the EV development that were first published in 2019 remain under Dyson’s control and the company says it will continue its work on solid state batteries.

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“This is not a product failure, or a failure of the team, for whom this news will be hard to hear and digest,” the letter said.

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