Overview
- Ineos initially planned to start production of the Fusilier SUV in 2027.
- The vehicle was to be available in both pure electric and plug-in hybrid versions.
- New tariffs on Chinese-made EVs and potential policy shifts in the UK and Europe influenced the decision.
- The Labour Party's pledge to advance the petrol car ban to 2030 adds to the industry's regulatory uncertainty.
- Ineos emphasizes the need for long-term policy clarity to meet net-zero targets.