August 27, 2016

"Dyson says he intended to spend $1.4 billion in research and development and in building a battery factory over the next five years."

Digital Trends: Last year Dyson bought Ann Arbor, Michigan-based Sakti3, which focuses on creating advanced solid-state batteries, for $90 million. By Bruce Brown

'The global lithium-ion battery market accounts for $40 billion in annual sales, according to research firm Lux as cited by Forbes.

'Dyson’s company (which is an accurate description since he has 100-percent ownership) currently employs 3,000 engineers worldwide. He intends to hire another 3,000 by 2020. Their average age is 26.

'The engineers, who are considered inventors, are valued for their youth. “The enthusiasm and lack of fear is important,” Dyson says. “Not taking notice of experts and plowing on because you believe in something is important. It’s much easier to do when you’re young.”'

No comments: