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The Ineos Fusilier is not happening anymore

CEO Sir Jim Ratcliffe said low EV demand is one of the issues

Published: 05 Jul 2024

Ineos has shelved production of the Fusilier. Yep, the same one that was only announced in February. What's happened in four months?

Ineos cited ‘weak demand’ and ‘uncertainty around tariffs’ for the reasons for the decision to delay production.

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The Fusilier was set to launch in 2027 with two powertrains: one with an all-electric set-up and the other with a range-extending hybrid version, featuring a petrol-powered engine to add juice to the battery.

The latter is causing some concern, as the new government is setting out to return the date of the ban on the sale of petrol and diesel vehicles back to 2030.

In a statement, Ineos said: “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 - but as a new small volume manufacturer we can only produce vehicles that will sell.

"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. This low-emission solution would still be banned in both Europe and the UK in 2035.”

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The Fusilier would have been a littler sibling to the Grenadier and the Quartermaster. There's an air of potential resurrection about this announcement, though Ineos added: "Charging infrastructure for EVs in most markets continues to grow and consumer confidence will match that, but for the industry to meet net-zero targets there needs to be long-term clarity from policymakers and a number of technology options available considering factors like raw materials, infrastructure and affordability."

More as we get it.

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