Jim Rowan (pictured), the CEO of the British company – which is best known for its home appliances – was quoted in media reports suggesting that the decision to make the car there was based on Singapore offering an extensive supply chain, highly skilled workforce and access to high-growth markets.
Dyson already makes products in Singapore, along with Malaysia and the Philippines.
The company said construction of its automotive plant was scheduled to start in December and finish in 2020, with the first EVs produced in 2021.
Dyson announced its intention of adding EVs to its product portfolio last year. Its current range includes vacuum cleaners, hairstylers and dryers, air purifiers and humidifiers, fans, heaters, hand dryers and lighting.
The electric car plan is part of the company’s reported £2.5 billion ($3.32 billion) global drive into new technology.