Dyson will spend about $2.7 billion to race into the electric car market. The move comes on the heels of its acquisition of Michigan-based battery startup Sakti3 in 2015. - From Forbes
Since British billionaire James Dyson acquired the promising Michigan-based battery startup Sakti3 in 2015, rumors have abounded that Dyson’s eponymous company, known for its vacuums, would be jumping into the world of electric cars.
In the email, Dyson say his company has actually been working on a solution to car exhaust since 1990, when they began trying to adapt the cyclonic vacuum filter to fit a vehicle’s exhaust system to trap particulates.
A spin off from the University of Michigan, Sakti3 is a leading startup that is focused on scaling solid-state batteries that use a ceramic wafer on which stacks of film are deposited instead of the liquid electrolyte in conventional batteries, making them much safer.
Solid-state can also store over 30% more energy for the same volume or over 50% more for the same mass, according to one of Sakti3′s patent applications, which means products could be smaller and lighter than they are with today’s most advanced liquid lithium-ion batteries.
In the email, Dyson also cited a World Health Organization report that in 2012, seven million people died – one in eight of total global deaths – as a result of air pollution exposure.