Sir James Dyson said his company will build an electric car by 2020. Photo: Rob Bennett / AP Images for Dyson

James Dyson, the billionaire inventor of the bagless vacuum cleaner, said Tuesday that his company is investing £2 billion ($2.7 billion) to develop and build a "radical and different" electric car, set to hit the streets in 2020, per BBC. Dyson said £1 billion will be spent on developing the car, and the other £1 billion on making the battery.

400 of his engineers have already been working on the secret project for the past two years at the company's headquarters in Mamesbury, Wiltshire, said Dyson. But the car doesn't exist yet, and Dyson has yet to decide where it will be manufactured. However, he has ruled out working with any existing auto companies and has said the car won't be aimed at the mass market.

The announcement comes five months after Dyson surprisingly relinquished the core patents of Sakti3, an ultra-secretive battery startup that he acquired in 2015 with the stated aim of creating an electric-car battery juggernaut. Sakti3 was working on cutting edge solid-state technology, which in theory would allow for a tremendous energy breakthrough by permitting the use of volatile pure lithium metal as the anode. But the startup could not overcome hurdles, especially cost.

Given that Dyson's electric car does not yet exist, 2020 is an extremely aggressive timeline. Dyson itself is as secretive as Apple, and thus nothing about its battery work — apart from abandoning the Sakti3 patents — has leaked since it began working on the project.

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Roger Marshall wins Republican Senate nomination in Kansas primary

Rep. Roger Marshall. Photo: Mark Reinstein/Corbis via Getty Images

Rep. Roger Marshall won the Kansas Republican Senate primary on Tuesday evening, beating former Secretary of State Kris Kobach and a slew of other candidates, AP reports.

Why it matters: Following GOP Sen. Pat Roberts' retirement announcement, some Republicans worry that if Kobach won the primary it would endanger the party's chances of keeping the seat and maintaining a majority in the Senate.

Updated 1 hour ago - Politics & Policy

Primary races to watch in Arizona, Kansas, Michigan, Missouri, Washington

Photo: Michael B. Thomas/Getty Images

Primary elections on Tuesday in fives states see crowded fields of both Republicans and Democrats hoping to make the ballot in 2020.

What to watch: Rep. Rashida Tlaib (D-Mich.) is "fighting for her political life" in a tight primary race against Detroit City Council President Brenda Jones, who Tlaib beat by 900 votes in 2018, The New York Times writes. Senate Republicans are also watching the primary race in Kansas to see who could replace retiring Republican Sen. Pat Roberts.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 8:30 p.m. ET: 18,448,084 — Total deaths: 698,023 — Total recoveries — 11,048,174Map.
  2. U.S.: Total confirmed cases as of 8:30 p.m. ET: 4,765,170 — Total deaths: 156,668 — Total recoveries: 1,528,979 — Total tests: 57,543,852Map.
  3. States: New York City health commissioner resigns in protest of De Blasio's coronavirus response — Local governments go to war over schools.
  4. Public health: 59% of Americans support nationwide 2-week stay-at-home order in NPR poll.
  5. Politics: Trump's national security adviser returns to work after coronavirus recovery Republicans push to expand small business loan program.
  6. Sports: Indy 500 to be held without fansRafael Nadal opts out of U.S. Open.