Image: WikimediaCommons/Eva Renaldi
Dyson, the company best known for its domestic appliances, is to build a track and testing facility as part of plans to start selling electric cars from 2021.
The business, led by inventor James Dyson, has already spent £84m renovating two hangars at a 517-acre disused airfield in Hullavington, Wiltshire.
The next phase of the airfield’s development is expected to bring Dyson’s investment in it to £200m.
The 10-mile test track will be part of a "world class vehicle testing campus", according to Jim Rowan, chief executive of Dyson.
He added: "We are now firmly focused on the next stage of our automotive project strengthening our credentials as a global research and development organisation."
It is not yet clear where Dyson intends to manufacture the electric cars.
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I have been very luckey to have worked on the redevelopment of the old redundant hangers at Hullavington. What Mr Dyson has do to these old hangers is amazing; removing the old doors, stripping them down, sandblasting, rebuild, complete respray.
Well done to all the construction guys involved in this excellent work.