Ineos Delays Electric SUV Launch Over Market and Policy Uncertainties

The company cites weak consumer demand and unclear regulations as key reasons for halting the Fusilier's production.

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.