Dyson (darling company of Brexiteers) is going to make its new electric cars in Singapore. CEO Jim Rowan “cited the country’s access to high-growth markets, skilled workforce, and extensive links with supply chains as reason for choosing the location.” theverge.com/2018/10/23/180…
From the article: “Singapore also has pending free trade agreement with Japan and existing agreements with China, the world’s largest market for electric cars.”
Weirdly, every one of the arguments put forward above is a reason for the UK’s current strength in car manufacturing.
Weirdly, every one of the arguments put forward above is a reason for the UK’s current strength in car manufacturing.
I say “current” because of course Brexit is about to rip apart those supply chains, bury just-in-time under mountains of red tape, and devastate the industry.
Maybe Dyson just wanted to be first to the lifeboats before they ran out?
Maybe Dyson just wanted to be first to the lifeboats before they ran out?
