2077 Exam Answer MoeMyat.docx - Question 1 Dyson’s electric...

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Question 1Dyson’s electric car project was headed by British inventor Sir James Dyson.His engineers had created a great electric car.Dyson intends to spend over £2bn in the construction of a "radical and diverse"electric vehicle, which it launched in 2016. The car was not going to be directed tothe mass market. 50% of the funds would be used to construct the car, and the otherhalf would be used to produce electric batteries. Dyson announced plans for the carto be established in a new factory in Singapore in October 2018. The first vehicles tobe popped off the production lines in 2021 were predicted to be accomplished nextyear.Dyson desired something innovative, but he alsoobligated to pay for it. And theamounts just didn't add up. Electric vehicle sales are growing substantially. They arestill more expensive to produce than regular cars, and they earn significantly smallerprofits. Some large manufacturers, such as Volkswagen, can afford to invest tens of

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Term
Fall
Professor
N/A
Tags
Project Management, Automobile, Sir James Dyson, Dyson s electric car project

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