Dyson is proposing to spend a lot of time, effort and cash to build a better battery. Despite considerable advances, batteries can still be a weak point in electronic and computer devices (both in terms of performance and sometimes safety), and James Dyson and his company want to change that.
SlashDotDyson believes the answer lies in using ceramics to create solid-state lithium-ion batteries. Dyson says he intended to spend $1.4 billion in research and development and in building a battery factory over the next five years. Last year Dyson bought Ann Arbor, Michigan-based Sakti3, which focuses on creating advanced solid-state batteries, for $90 million. The global lithium-ion battery market accounts for $40 billion in annual sales, according to research firm Lux as cited by Forbes.