“Wherever we make the battery, we’ll make the car, that’s logical,” he said. “So we want to be near our suppliers, we want to be in a place that welcomes us and is friendly to us, where it is logistically most sensible. And we see a very large market for this car in the Far East.”

Dyson added that the team of engineers for the EV project has already been running for two and a half years in secret, although his interest in EV technology goes back almost 30 years, saying the company is not “a johnny-come-lately onto the scene of electric cars”.