Magna to build Ineos

electric SUV

Magna factory at Graz. 2023, aerial view

FOLLOWING the confirmation in May 2022 of a zero-emission model line, Ineos Automotive has announced it is developing a new electric 4X4 vehicle in conjunction with industry-leading automotive supplier, Magna.

Ineos Automotive's new 4X4 will be smaller than the recently-launched Grenadier SUV and will be an all-new battery electric model will be zero emission.

Ineos has worked with Magna previously on series engineering and development for the Grenadier station wagon and pick-up models.

It has signed an agreement to start production of the new 4X4 at Magna's Graz, Austria facility in 2026.

Part of the development process for this new 4X4 will include a testing programme on Austria's Schockl mountain, which is close to Magna's complete vehicle assembly facility.

"Having worked together on the engineering of the Grenadier, we've seen first-hand the value of applying Magna's agility, knowledge, and experience to a complete vehicle development programme," said Lynn Calder, chief executive of Ineos Automotive.

"Deepening our collaboration is a natural next step as we use the Grenadier as a springboard for our continued growth as a global automotive brand with this third model line."

Magna is one of the world's largest automotive suppliers and independent contract manufacturers. It produces a number of different models for various automakers covering conventional ICE, hybrid and electric vehicles at its complete vehicle assembly facility in Graz.


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