This is a company that essentially has exclusively been selling different iterations of air blowers. I get why a hoover company thought branching out into hair dryers and fancy bladeless fans, I just fail to see the steps between that and a fully blown electric vehicle. They seem to have the Apple business model where they're selling a premium version of normal products and its an amazing money spinner, but their forays into technology outside of their core competence seems very strange.
Oh and also it's a very strange title, because Dyson is a privately owned company, so whilst its news that the amount spent was £500m, it's obviously going to be his own money, he owns the company.