Friday, 25 October 2019

Jaguar’s slick new electric hypercar will only exist in Gran Turismo


Jaguar has placed itself at the forefront of the electric car revolution with the I-Pace SUV, despite being a smaller player in the overall car market. The British automaker also competes in all-electric racing series Formula E, and operates a whole support series made up of I-Paces. But the latest and greatest electric car from Jaguar will only be available in pixel form (at least, for now), as Jaguar has announced it’s the latest automaker to participate in the now six-year-long Vision Gran Turismo project, which has helped create a number of truly wild concept cars.
On Friday, the company debuted the Jaguar Vision Gran Turismo CoupĂ©, a low-slung hypercar that will be available to play in Gran Turismo Sport on the PlayStation 4 starting at the end of November. While all virtual, the new car has 750kW of total power available (or about 1,000 horsepower) thanks to a three-motor all-wheel drive system.

nterior with just one transparent boomerang-shaped display behind the steering wheel, and augmented reality information can also be projected on the windows. There’s even a hologram system on the dashboard, which can project navigation, vehicle data, or an artificial intelligence that Jaguar says is “affectionately named ‘KITT-E’” — because when you’re making a digital concept car, no futuristic technology is off limits.
It may seem silly to focus to intently on the details and design of a car that only exists in a video game, but Vision Gran Turismo concepts have come to life in the past. Started as part of Sony’s celebration of the 15th anniversary of the Gran Turismo franchise back in 2013, the program was essentially an open call to automakers to design outrageous, future-facing vehicles without the restrictions of trying to create them in the real world. But some have actually brought their digital creations to life, like Toyota did with the FT-1 in 2014, or Audi did last year with the E-Tron Vision Gran Turismo.
None of that guarantees Jaguar will attempt to make a real world version of the Jaguar Vision Gran Turismo CoupĂ©. More likely, the automaker will distill some of the ideas teased here and apply them to its forthcoming electric road cars. Still, it’s always fun to see an automaker’s designers stretch their legs when freed of the constraints of real-world manufacturing. Here’s to another six years (or more) of Vision Gran Turismo.

Wednesday, 23 October 2019

Production Lexus electric vehicle set for November debut

Production Lexus electric vehicle set for November debut - Roadshow

This week was all about the Lexus LF-30 electric car concept the brand showed at the 2019 Tokyo Motor Show, but the luxury division doesn't plan to let up on electrified vehicles. In fact, we'll see the first production Lexus electric car debut next month.
The company confirmed the production debut in the LF-30 concept's announcement, and additionally, called it a "battery-electric vehicle." It will mark the first time Toyota, which oversees the Lexus brand, will show off a mass-production electric vehicle. No, the RAV4 EV does not count.
There's no word on what form the electric car will take, but rumors have long pegged the model to be some sort of small crossover or hatchback. It could be a battery-electric version of the current UX crossover. Lexus also previously showed the LF-SA concept back in 2015, which was a tiny electric city car.
Or maybe the rumors are totally wrong about the UX and we'll see some sort of new model with inspiration from the LF-SA and the latest LF-30 concept. The latter is far better looking than the former, in my opinion. It wears the angular hatchback look much more elegantly.
Across Toyota, the company has plans for 10 electric vehicles by the middle of next decade. That plan will kick off with a solid-state battery concept set to debut at the 2020 Tokyo Olympics, which the automaker confirmed with Roadshow. Lexus added in EV debut announcement that its first plug-in hybrid and a dedicated electric-car platform will show up next decade as well.

Monday, 21 October 2019

Next-generation Kia Soul EV’s U.S. launch pushed back until 2021

2020 Kia Soul EV
The next-generation Kia Soul EV electric car won’t go on sale in the United States for the 2020 model year, as originally stated by Kia. The U.S. launch has been pushed back until the 2021 calendar year at the earliest, according to Green Car Reports, which cites a Kia spokesperson.
When the third-generation Kia Soul was unveiled in November 2018 at the Los Angeles Auto Show, both gasoline and all-electric versions were shown. But while the gasoline Soul is now on sale in the U.S., the Soul EV has been held up. The car, which is already on sale in Europe, was originally expected to hit U.S. showrooms in the spring of 2019. U.S. buyers will now have to wait roughly two years, although even the 2021 target date is subject to change, according to Green Car Reports. Limited production capacity is causing the delay“The global demand for Kia electric vehicles continues to grow and exceeds Kia’s current production capacity,” a Kia spokesperson told Digital Trends. “To address supply constraints, Kia Motors America (KMA) has decided to delay the Soul EV to the 2021 calendar year. This action will allow KMA to concentrate the limited supply of EV components to one model, the Niro EV, to better meet customer demand.”
Supply constraints have also slowed the U.S. rollout of the Hyundai Kona Electric, which the Soul EV shares a basic platform with. The Kona has received praise from reviewers and has among the longest ranges of any mainstream electric car (an EPA-rated 258 miles), but Hyundai has been slow to expand sales.
The new Soul EV could be worth the wait, though. It’s expected to dramatically improve on the range of its predecessor, which was rated at 111 miles. The EPA has already confirmed a range rating of 243 miles for the new model. The new Soul EV boasts a 64-kilowatt-hour lithium-ion battery pack, and an electric motor making 201 horsepower and 291 pound-feet of torque.
The Soul EV shares its battery pack and electric powertrain with the Kia Niro EV, which is currently available in the U.S. (Kia also sells hybrid and plug-in hybrid versions of the Niro). The Niro takes a slight hit in range compared to the Soul (it’s rated at 239 miles). The Niro EV is equipped with a Combined Charging Standard (CCS) DC fast-charging system that can complete an 80 percent recharge in 75 minutes, according to Kia. That’s a bit slower than rivals, so hopefully, Kia can improve performance for the Soul EV ahead of the car’s U.S. launch.

Saturday, 19 October 2019

Electric car start-ups

CNBC: 2019 NYIAS: Rivian electric trucks 2

Often billed as China’s Steve Jobs, Chinese entrepreneur Jia Yueting has filed for bankruptcy in a Delaware court, claiming he owes about $3.6 billion to his various creditors. The move could complicate the already perilous situation for the electric car start-up Jia helped launch, Faraday Future.
Itself laden with debt after losing about $2.15 billion since it was founded in 2014, a number of analysts warn that Faraday could become the latest in a growing list of once-promising battery-car start-ups to short circuit.
Vacuum maker Dyson on Oct. 10 pulled the plug on its own electric vehicle program before building a single vehicle. Founder James Dyson told employees in an e-mail he could “no longer see a way to make it commercially viable.”
Since the beginning of the decade, a partial list of EV failures also includes Bright Automotive, AMP, Aptera, Coda, Detroit Electric, Fisker Automotive and LeEco, the latter also founded by China’s Jia.
“Almost none of the battery-electric start-ups has had enough air under their wings to take off,” said Anton Wahlman, an analyst and electric vehicle consultant.
While some of the names on the list were seriously underfunded, others generated plenty of cash. Fisker, one of the most notable flame-outs, raised more than $2 billion in cash and, unlike some of the other start-ups, did manage to put a vehicle, the plug-in hybrid Karma, into production.
Dyson, best known for its bagless vacuum cleaners, bladeless fans and high-velocity hand dryers, had planned to invest $2.7 billion to get its own EV program going. It had about 600 employees at the time the company’s founder announced the project’s termination, and it was preparing to set up a factory in Singapore to build a line of products expected to begin with a three-row crossover, according to patent documents that leaked out last May

“This is a challenging time for our colleagues and I appreciate your understanding and sensitivity as we consult with those who are affected,” Dyson wrote his employees in an e-mail first revealed by tech website The Verge. “This is not a product failure, or a failure of the team, for whom this news will be hard to hear and digest. Their achievements have been immense – given the enormity and complexity of the project.”
Each of these start-ups ran into some unique headwinds. After Fisker declared bankruptcy in November 2013, analysts pointed to a variety of factors, including quality issues that delayed production of the Karma and caused several fires that created publicity problems, as well as a series of management mistakes that burned through the company’s cash reserves.
Karma hasn’t been the only one to underestimate its financial needs. If anything, that’s a thread running through many of the failures, according to senior analyst Sam Abuelsamid, of Navigant Research.The start-ups, on the whole, have “found out building a car is a lot more complicated than they thought, even if an EV powertrain is simpler than a gas powertrain,” he said. “Trying to scale up to manufacture a complex machine is very difficult as the upstarts have become aware of.”
Even Tesla, the only EV start-up that has made a real go of it in the U.S. market, has had to repeatedly raise new funding while generating only a handful of profitable quarters.
Complicating matters, EV start-ups largely misread the potential EV market, Abuelsamid added. Many shared the overly optimistic view of the Obama administration, which had anticipated that about 1.5 million plug-based vehicles would be sold annually by 2015.
“The EV market has not developed at the pace a lot of people thought in 2009 and 2010,” said Abeulsamid. “It has taken a lot longer for EV adoption to pick up and that means a smaller market for these companies to grab.”
The good news for those EV companies that have survived like Tesla is that sales for the battery car market were up 81% last year and continued to grow during the first nine months of 2019, hitting about 235.959 by the end of September. But that number was up by barely 1,200 plug-ins and pure battery-electric vehicles, or BEVs, sold through the end of September the year before, reflecting a sharp slump during the third quarter.
Despite the numerous failures of the past decade, there are plenty of start-ups still willing to give it a try. That includes such companies as Bollinger which, last month, revealed production versions of its first two models, a heavy-duty pickup and a heavy-duty SUV, both promised to go into low-volume production at a plant in the Detroit suburbs next year.

One of the most closely watched entrants is Rivian, another suburban Detroit venture that showed off its own battery-electric pickup and SUV models at the Los Angeles Motor Show last November. Rivian is considered one of the more likely success stories, said analyst Wahlman, because of the massive cash infusions it has generated from, among other sources Ford and Amazon. The online retailer recently committed to purchasing 100,000 battery-powered trucks that Rivian plans to assemble at an old Mitsubishi car plant in Normal, Illinois it has acquired.
“That’s going to pump in enough money to keep them alive until at least 2030,” Wahlman forecast.

Friday, 18 October 2019

Volvo Foots Bill for Battery Charges in Bid to Curb Emissions

VOLVO XC40 ELECTRIC SUV

Volvo Cars isn’t just electrifying its lineup to cut carbon emissions. Now the Swedish automaker says it will pay customers to make sure they plug in.
Volvo is tying the launch of its first all-electric vehicle -- the XC40 Recharge crossover -- to a broader plan for shrinking the carbon footprint of its models by 40% through 2025. And it’s backing that pledge with a promise to pay the first year’s worth of charging costs for owners of its plug-in hybrids, starting with the 2021 model year.
Volvo placed itself at the forefront of electric car hype in 2017 when it vowed to rid its lineup of cars running purely on fossil fuels by 2025. To get there, it’s going to roll out a new battery-electric model every year until 2025, starting with its XC SUVs, Chief Executive Officer Hakan Samuelsson said. Those will join a growing range of hybrid models.
“We believe we should treat sustainability as as much of an integrated part of our business as safety, not just something we do as an add-on,” Samuelsson said in a phone interview. “We’re making it part of our product offering.”

Model 3 Rival

Buyers of 2021 model year hybrids will be able to claim a refund for their electricity costs during the first year of ownership based on power consumption data extracted from Volvo’s app for Apple and Android smartphones. Volvo plug-in hybrid owners drive in electric mode only about 40% of the time, Samuelsson said in an interview with Bloomberg Television.
The XC40, which Volvo unveiled earlier today in Los Angeles, will have 200 miles of range in the U.S., 402 horsepower and take 40 minutes to get to 80% battery capacity on a fast-charging system, the company said. That compares to the 240-mile range of Tesla Inc.’s Model 3 sedan.
Samuelsson said Volvo will start producing its first EV late next year and price it to compete with the Model 3, which starts at about $39,000 but has been selling on average for roughly $50,000.
“It’s affordable for a much broader range of people” than higher-priced luxury brand electric cars, said Volvo’s Chief Technology Officer Henrik Green. The XC40 is “more like a $50,000 car than a $100,000 car,” he said.
The electric XC40 will join a wave of new EVs debuting to keep up with tightening emissions regulations in China and Europe. While uptake remains slow, carmakers including Volkswagen AG and Daimler AG have launched new models like the Audi e-tron and Mercedes EQC to chase after Tesla.
Volvo is pushing ahead with its electric ambitions as others in the space struggle. NIO Inc., China’s would-be Tesla competitor, is running short of cash. Jia Yueting, founder of electric vehicle start-up Faraday & Future Inc., filed for bankruptcy. And Dyson Ltd., the famed maker of vacuum cleaners, pulled the plug on its battery-powered car project.

‘Midterm’ Profitability Goal

Volvo would not be making a fully electric XC40 if it wasn’t “absolutely sure” the car will be profitable, Samuelsson said.
“It might be lower profit margin initially, but what counts is more midterm” profitability goals, he said.
The bet on electrics comes at a time when the carmaker is coping with a global sales slowdown and tariffs that led to a 30% drop in first-half operating income. To cut costs, the company plans to merge engine operations with Chinese parent Geely.
Samuelsson said Volvo wants to increase the appeal of electrified vehicles so they sell without government subsidies -- and incentives like free charging for the first year. “Long term, if this is really going to do something to the climate or the environment, the cars need to be attractive and need to be bought by customers with their own money,” he said.

Tesla’s China Plant Is Hooked Up to State Grid Power Supply

Photo: VCG

Tesla Inc.’s first Chinese car factory is officially plugged in.
State Grid Corp. of China opened the first transmission line in a power connection project that increases electrical supply to the Tesla plant to a level required for preliminary production, according to a statement from the Chinese company’s Shanghai branch. State Grid said it will eventually increase the power supply eightfold for the factory to run at capacity.
State Grid said the project — involving 55 kilometers of cables and about 17 kilometers of ducts — was among the quickest it has completed, taking only six months.
Palo Alto, California-based Tesla plans by the end of this year to produce at least 1,000 of its top-selling Model 3 cars a week at the plant, where construction only began at the start of this year. China has exempted Tesla from a 10% sales tax, and the company — founded by Elon Musk — has also secured hundreds of millions of dollars in loans from local banks.
Tesla was included on a list of car manufacturers that China’s Ministry of Industry and Information Technology released Thursday for consideration for approval and public review, which runs to Oct. 23.

Thursday, 17 October 2019

Russia’s Yandex Joins the Self-Driving Car Million-Mile Club

Driverless Toyota Prius hybrid cars, operated by Yandex.Taxi, part of Yandex.NV, take part in a self-driving taxi trial on a test track near Moscow.

Yandex NV, Russia’s largest internet firm, said its self-driving cars have passed 1 million miles in fully autonomous driving since it started testing the technology in December 2017, joining an elite group in the emerging robotaxi industry. 
The milestone matters for Yandex’s quest to compete with the likes of Alphabet Inc.’s Waymo for a share of the market, which UBS Group AG says could exceed $2 trillion by 2030. Getting to 1 million indicates the company is on its way to verifying its technology — showing that it’s reliable and safe. That’s key for getting regulators to accept cars in the streets with no person at the wheel.
Most of the company’s mileage was driven on public roads in Moscow, including in the snow and rain, and in Tel Aviv, known for "haphazardly parked cars in the city’s intense heat," Yandex said in a statement Thursday. 
The company already runs Russia's largest ride-hailing service, Yandex.Taxi, which posted 16.4 billion rubles ($260 million) of revenue in the first half of 2019 and turned profitable in the second quarter. The other large players in the self-driving industry include Waymo, GM Cruise, Baidu Inc. and Uber Technologies Inc. 
Yandex plans to expand its self-driving fleet to 1,000 cars within two years from about 50 now, which will enable it to run 1 million miles a week, Dmitry Polishchuk, head of Yandex’s autonomous business, said in an interview.
Polishchuk, 34, moved into the division’s top job three years ago after heading Yandex’s browser division and overseeing Navigator, its geolocation app. He is a graduate of the Russian Federal Security Service’s institute of cryptography, communications and computer science.
Yandex is working with regulators to allow a pilot project in two cities — Innopolis and Skolkovo — to test rides with no engineer on board, he said. Now, when people there order a self-driving ride from the Yandex.Taxi app, an engineer sits in the front passenger seat with a red, emergency button.  
Companies in the industry can struggle to meet their deadlines for getting their cars on the road. Robocar software can be a greater technological challenge than many had anticipated, while developers and governments are still grappling with the human cost of development after an Uber test vehicle killed a pedestrian crossing the road in Arizona in March 2018.
The economics of a self-driving taxi fleet that operates as much as 24 hours a day may now compete with the costs of a human-operated taxi service, Arkady Volozh, chief executive and founder of Yandex, said at a conference in Yerevan, Russia earlier this month. The annual cost of the autonomous tech that gets added on to a vehicle has dropped from about $50,000 in 2018 to $30,000 in 2019 -- the same as the average yearly wage bill for a team drivers operating a single taxi for about 18 hours a day. The company believes the cost of the self-driving apparatus will fall further.
Since customers are unlikely to pay significantly higher prices for self-driving cars, the most logical model for companies in the industry is to operate fleets of vehicles to carry passengers, Polishchuck said.
"Being a part of Yandex.Taxi, we can become one,'' he said.
Yandex took a further step toward commercializing its tech in March, when it signed a deal with Hyundai Motor Group to develop self-driving vehicles jointly with its engineers. The first autonomous Hyundai Sonata was released in July and Yandex plans to move its self-driving fleet to Hyundai-Kia cars, Polishchuk said. This enables discounts for the vehicles, as well as the prospect that Hyundai rolls out the Russian tech to other markets.

Tuesday, 15 October 2019

Hyundai investing $35B in autonomous driving and electric cars



CNN) - Hyundai does not intend to be left behind in the high-stakes race to build mass-market electric and self-driving cars.
South Korea's largest car company said Tuesday that it plans to invest 41 trillion won ($35 billion) into "future mobility technology" by 2025.
That massive pledge puts it on par with some of the industry's top players. Volkswagen is spending €30 billion ($34 billion) over the next five years to make an electric or hybrid version of every vehicle in its lineup.
Hyundai said Tuesday it plans to release 23 kinds of electric vehicles by 2025. That would make up roughly half of its new lineup.
The automaker has a powerful partner in its efforts to transform its business. The announcement was backed by a pledge from South Korea's government to spend 2.2 trillion won ($1.9 billion) on innovative auto technology.
"Our goal is to become the number one country for future car competitiveness by 2030," President Moon Jae-in said Tuesday, speaking at a Hyundai research center.
South Korea will "be the first in the world to commercialize autonomous driving," and a third of the cars on the country's roads in the next decade should be electric or hydrogen-powered, he added.
The race to get fully autonomous cars on the roads is underway globally, and carmakers are under pressure to either get on board or risk getting left behind.
Japan's SoftBank has invested billions in partnerships with Toyota and GM to help develop driverless cars. Ford and Baidu have teamed up to develop self-driving cars in China. And Volkswagen started testing electric cars fitted with autonomous technology on a section of Hamburg's streets.
But the effort is also expensive, eating into carmakers' profits at a time when auto sales are dwindling globally.

Monday, 14 October 2019

Porsche unveils Taycan 4S, a new $103,000 entry-level EV for 2020

Porsche unveils Taycan 4S, a new $103,000 entry-level EV for 2020

Monday, the German automaker launched The Taycan 4S, which is about $80,000 less expensive than its flagship Turbo S model unveiled in September. The new entry-level EV is less powerful and lighter than its predecessors, and it will be available for purchase in 2020, Porsche said.
The luxury automaker's latest offering houses an all-wheel-drive layout and two battery size options. The standard battery delivers up to 522-horsepower and the higher-end version offers up to 563-horsepower.
The Taycan 4S can travel 253 miles on a single charge and has a $103,800 starting price. By comparison, Porsche's Turbo starts at $150,900, and the Turbo S starts at $185,000. The Turbo can travel up to 280 miles on a charge, and the premium Turbo S has a range of 256 miles.
Tesla's high-end version of the Model S sedan starts at $92,615, and the brand's battery life leads the pack. Tesla's luxury Model S has a 345-mile drive range. 
On the exterior, Porsche's new sedan looks very similar to the brand's Turbo iteration. However, the 4S is more compact with a redesigned front end, and it comes with red brake calipers, the company said. The latest Taycan has smaller, 19-inch wheels. 

The interior of the car is leather-free, to "underscore the sustainable concept of the electric sports car," the automaker said.

Sunday, 13 October 2019

GM To Build Electric Pickup Truck At Detroit-Hamtramck To Satisfy UAW?

GM To Build Electric Pickup Truck At Detroit-Hamtramck To Satisfy UAW?

The unallocated Detroit-Hamtramck Assembly plant might not be sold. It could become the site for GM's electric pickup truck production.

According to ClickOnDetroit, the all-electric pickup truck is still on the table (originally reported in September) in negotiations between General Motors and the United Automobile Workers (UAW).
GM is expected to offer a $9 billion investment ($7.7 billion directly in its facilities and $1.3 billion in joint ventures). It might finally calm worries about jobs. The previous deal on the table was $7 billion.
One of the biggest issues in the strike is what is to become of the Detroit-Hamtramck plant. It's one of four unallocated plants, but tonight, Local 4 has learned there is a specific plan for the Detroit Hamtramck plant.
General Motors is committing a couple billion more dollars to plant investment. Last month, GM offered $7 billion. As of Friday night, that number is $2 billion more. It's expected that $7.7 billion would go to GM-UAW facilities, with the rest going to joint ventures.
There's also a commitment from GM to build its new, full-size electric pickup at the Detroit Hamtramck assembly plant. Auto analyst Paul Eisenstein, of thedetroitbureau.com, calls it significant."

Detroit-Hamtramck Assembly was the home of the Chevrolet Volt (and its 1st generation derivatives like the Opel Ampera, Vauxhall Ampera and Holden Volt).
It's kind of a pity that GM wasn't able to make a more smooth transition from the Volt to a new plug-in electric model.
There are not many details about what to expect about the potential pickup, besides that it needs to be bold if Chevrolet really wants to compete with already announced/expected trucks from Rivian, Ford, Tesla to name just a few.

Friday, 11 October 2019

Boeing and Porsche team up to develop flying electric car


New York (CNN Business)Boeing and Porsche, meet George Jetson.
The US aircraft giant and German sports car maker announced Thursday they are teaming up to "explore the premium urban air mobility market and the extension of urban traffic into airspace," through "a fully electric vertical takeoff and landing vehicle."
Translation: They want to develop an electric vehicle that can fly.
    The announcement did not include any details about the amount of money or other resources the two companies plan to invest in the effort, or a target date or price range.
    Porsche's parent company, Volkswagen AG, (VLKAF) is the world's largest automaker. It has announced a major push into the development of electric vehicles, setting a target of building 22 million electric cars across its brands over the next 10 years.
    "We are combining the strengths of two leading global companies to address a potential key market segment of the future," says Detlev von Platen, a member of the Porsche board in charge of sales and marketing. "In the longer term, this could mean moving into the third dimension of travel.
    Boeing's revenue topped $100 billion for the first time in 2018, although its sales will be sharply lower this year due to the grounding of its best selling commercial jet, the 737 Max, following two fatal accidents that killed 346 people. It has already shown a prototype of a self-driving electric powered flying car earlier this year.
    "Porsche and Boeing (BA) together bring precision engineering, style and innovation to accelerate urban air mobility worldwide," said Steve Nordlund, general manager of Boeing NeXt, a unit of the company working on next generation vehicles and aircraft.
    v

      Thursday, 10 October 2019

      Dyson has scrapped its electric car project

      line drawing with measurements
      Dyson, the UK-based company best known for its vacuum cleaners, has scrapped a project to build electric cars.
      The firm, headed by inventor Sir James Dyson, said its engineers had developed a "fantastic electric car" but that it would not hit the roads because it was not "commercially viable".
      In an email sent to all employees, Sir James said the company had unsuccessfully tried to find a buyer for the project.
      The division employs 500 UK workers.
      Dyson had planned to invest more than £2bn in developing a "radical and different" electric vehicle, a project it launched in 2016. It said the car would not be aimed at the mass market.
      Half of the funds would go towards building the car, half towards developing electric batteries.
      In October 2018 Dyson revealed plans to build the car at a new plant in Singapore. It was expected to be completed next year with the first vehicles due to roll off the production line in 2021.
      The company also planned to invest £200m in the UK in research and development and test track facilities. Much of that money has already been spent and Dyson said it would use the site for other projects.
      The rest of the funds intended for the electric car project would still be spent on developing other products, including its battery technology, Dyson said.

      'Not a product failure'

      The first cars had already been developed and were being tested.
      But in an email on Thursday, Sir James revealed that Dyson was closing electric car facilities both in the UK and Singapore.
      The project employed 523 people, 500 of whom were in UK, and Sir James praised their "immense" achievements.
      "This is not a product failure, or a failure of the team, for whom this news will be hard to hear and digest," Sir James wrote.
      But, he said: "We have tried very hard throughout the development process, we simply can no longer see a way to make it commercially viable."
      "The Dyson automotive team has developed a fantastic car; they have been ingenious in their approach while remaining faithful to our philosophies."
      He said the firm was trying to find alternative roles for the workers in its home division, which makes things such as vacuum cleaners, fans and hairdryers.
      Sir James said Dyson would continue to work on the battery technology, which was used in the car.
      "Our battery will benefit Dyson in a profound way and take us in exciting new directions."
      "In summary, our investment appetite is undiminished and we will continue to deepen our roots in both the UK and Singapore," he said.
      "This is not the first project which has changed direction and it will not be the last."