Dr Jonathan Owens, Lecturer in Operations Management at the University of Salford Business School, and expert in supply chains, comments on the news that James Dyson will build his first Electric Vehicle in Singapore.
Dr Owens said: “While it is disappointing that Sir James Dyson has made the announcement that his company will set up production for their first Electric Vehicles (EV) in Singapore, in many ways it is not surprising.
“Dyson sees Singapore as a base closer to their target market; Asia Pacific (APAC). They do not cite Brexit as the reason to leave, but being able to secure the talent required to produce their new EV and shorter and established supply chains.
“The UK’s biggest barrier to EV growth is still access to public charge points with uptake and roll out still not hitting significant numbers.
“In contrast the Asian market is seeing huge growth in the usage of EV’s. The higher adoption rates of smart mobility services, government regulations as well as increasing fuel prices are supporting the growth of EV’s in this region. In 2017 it was estimated at $30.1 billion, but expected to grow rapidly to $144.6 billion by 2023.
“The biggest supporter to this rapid growth is the investment of charge point infrastructure. China is aiming to install an extra 500,000 public EV charging stations by 2020. Others, such as India, Thailand, and Singapore, have also announced investment plans to develop EV charging infrastructure, leaving the UK trailing in their wake.”