Dyson to Spend 1 Billion Making Radical Electric Car
October 10, 2017

Dyson Ltd., best-known as a manufacturer of vacuum cleaners, hand driers and air filters, will build an electric car by 2020, founder James Dyson said Tuesday.

The company is investing one billion pounds ($1.34 billion) to develop the car, Continue reading

Mercedes Plots Tesla Attack With $1 Billion U.S. Electric Push
October 6, 2017

Daimler AG plans to spend $1 billion to start production of Mercedes-Benz electric vehicles at its Alabama factory, setting the world’s largest luxury-car maker up to battle with battery-car specialist Tesla Inc. on its home turf.

The German automaker will Continue reading