Ineos puts brakes on launch of electric vehicle

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The company made the announcement just months after unveiling the model, with production expected to begin in 2027.

Sir Jim Ratcliffe’s Ineos business has indefinitely delayed production of its first electric vehicle

The company made the announcement just months after unveiling the model, with production initially expected to begin in 2027.In a statement, Ineos Automotive said: “We are delaying the launch of the Ineos Fusilier for two reasons: reluctant consumer uptake of EVs and industry uncertainty around tariffs, timings and taxation.

“We are committed to bringing an EV to market not just because of legislation but because we want to. It is the right thing to do.“The Fusilier is an electric vehicle, but also provides the option of a range extender that uses a small low-emission petrol engine to charge the electric battery when external charging isn’t available.

 

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