U.K. inventor James Dyson aims for electric car launch by 2020

Business / Tech Sep 27, 2017

U.K. inventor James Dyson aims for electric car launch by 2020

James Dyson, the billionaire British inventor of the bagless vacuum cleaner, said on Tuesday his company was working on developing an electric car to be launched by 2020. Dyson said he was spending £2 billion (about ¥302 billion) to exploit his namesake company's expertise in ...

Toyota abandons electric vehicle tie-up with Tesla

Business / Corporate Jun 3, 2017

Toyota abandons electric vehicle tie-up with Tesla

Toyota Motor Corp. has terminated its business and capital partnership with Tesla Inc. by selling its stake in the U.S. electric car maker, sources said Saturday. Toyota's decision suggests Japan's largest automaker sees no need to team up with Tesla on EV development because it ...