“The government is funding Dyson to develop a new battery electric vehicle at their headquarters in Malmesbury, Wiltshire. This will secure £174m of investment in the area, creating over 500 jobs, mostly in engineering.” If you’ll recall, Dyson snapped up a company called Sakti3 for $15 million back in 2015. Sakti3 was a promising University of Michigan spinoff, which developed batteries with double the life of even the best lithium-ion variants today. This acquisition, the government’s battery grant and this new funding could mean Dyson plans to go head-to-head with companies (like Tesla) that make both electric vehicles and their own batteries in the future.