UPDATED: 9/26/17 1:25 pm ET - adds comments

UK inventor James Dyson to launch electric car

UK inventor James Dyson said his company is building an electric car that will launch by 2020. The company plans to spend $2.7 billion on solid-state battery technology and vehicle design.

Ford to hire 700 staff to meet car demand at Russia plant

Ford's Russian joint venture plans to hire more than 700 workers at its plant in Elabuga to meet growing demand for models including the Kuga and Explorer SUVs and the Transit van.

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