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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

Brexit backer Jim Ratcliffe’s Ineos to build electric Grenadier in Austria

Jim Ratcliffe Ineos Brexit United States Austria Magna France United Kingdom AMTE Power
A mock-up of the prototype of the Ineos Grenadier off-road vehicle.
A mock-up of the prototype of the Ineos Grenadier off-road vehicle. Photograph: MAGROUND GmbH/Ineos Automotive

Ineos, the company founded and run by the British billionaire Sir Jim Ratcliffe, will build an electric version of its new Grenadier off-road vehicle in Austria.

The electric version of the 4x4 will be developed with the Canadian car parts manufacturer Magna and production is scheduled to start in 2026.

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