Famed Designer James Dyson Is Spending Nearly $3 Billion to Launch an Electric Car by 2020

On Tuesday, the designer James Dyson said his company would spend nearly $3 billion to introduce an all-electric car by 2020. The British billionaire is well known for revolutionizing the vacuum cleaner, not to mention hand dryers in restrooms. By jumping into electric cars, Dyson has forged a de facto alliance with Tesla CEO Elon Musk. …

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