Why did Dyson pick Singapore to build its electric car?

TECH
Wednesday, 24 Oct 2018
12:18 PM MYT

SINGAPORE: When James Dyson, the billionaire British inventor of the bagless vacuum cleaner, unveiled a plan to build an electric car plant in Singapore, it raised a few eyebrows.

Not only does the land-starved city state have some of the highest average salaries in the world, but it has been nearly 40 years since Ford closed its factory in Singapore, effectively ending car production on the South-East Asian island.

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Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
FOCUS	0.010	0.010	0.005	0.005	-0.005	-50.00	3,624,846
HSI-PWHI	0.185	0.200	0.175	0.175	-0.005	-2.78	1,939,767
HSI-PWHV	0.170	0.185	0.160	0.160	-0.010	-5.88	1,563,864
HSI-CWGS	0.110	0.115	0.100	0.115	-0.005	-4.17	1,333,397
HSI-CWGX	0.230	0.230	0.200	0.220	-0.010	-4.35	1,222,222
HSI-CWGI	0.135	0.145	0.130	0.145	-0.005	-3.33	1,158,317
EKOVEST	0.430	0.430	0.380	0.405	-0.035	-7.95	1,044,750
OXB	0.360	0.400	0.360	0.385	0.095	32.76	1,015,514
ZETRIX	0.835	0.865	0.835	0.845	0.010	1.20	806,578
NEXG	0.530	0.535	0.525	0.530	0.000	0.00	531,175
PHARMA	0.195	0.200	0.180	0.180	-0.035	-16.28	517,753
TOPGLOV	0.685	0.685	0.655	0.675	-0.010	-1.46	475,806
TANCO	0.920	0.930	0.915	0.925	0.000	0.00	446,532
ECOSHOP	1.340	1.340	1.260	1.290	-0.060	-4.44	371,729
SAPNRG	0.040	0.040	0.035	0.040	0.000	0.00	361,312

Why did Dyson pick Singapore to build its electric car?

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