Dyson to invest £ 3 billion in new technology

British vacuum cleaner manufacturer Dyson will fund 2.75 billion pounds in new technologies over the next five years, Report informs, referring to Reuters.

The company's goal is to double its product portfolio and continue producing batteries for electric cars, which was suspended last year.

"Now is the time to invest in new technologies for the benefit of Dyson's customers," said Roland Krueger, the company's chief executive.