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1500 jobs secured in Graz: Magna builds electric off-road vehicle from Ineos

DCPU

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"It was a well-kept secret, but now it's official: the British start-up Ineos is having its first electric off-road vehicle developed and built in Graz. From 2026, 50,000 pieces should roll off the assembly line."

"Sir Jim Ratcliffe (70), the self-made billionaire and owner of the mega chemical company Ineos, brought the Styrian Hans-Peter Pessler on board for the car project"

"Good news and new orders are currently needed at Magna-Steyr like a piece of bread. Now you can take a deep breath in Graz. Because at least one new top order that could secure up to 1500 jobs is fixed and will be officially confirmed today."
 

bemax

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"It was a well-kept secret, but now it's official: the British start-up Ineos is having its first electric off-road vehicle developed and built in Graz. From 2026, 50,000 pieces should roll off the assembly line."

"Sir Jim Ratcliffe (70), the self-made billionaire and owner of the mega chemical company Ineos, brought the Styrian Hans-Peter Pessler on board for the car project"

"Good news and new orders are currently needed at Magna-Steyr like a piece of bread. Now you can take a deep breath in Graz. Because at least one new top order that could secure up to 1500 jobs is fixed and will be officially confirmed today."
I am really interested in this vehicle. As soon as will be possible I will register as being interested!
 

Pat-Ard

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Will there also be build the new Mercedes EQG?
 

Tanters

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"It was a well-kept secret, but now it's official: the British start-up Ineos is having its first electric off-road vehicle developed and built in Graz. From 2026, 50,000 pieces should roll off the assembly line."

"Sir Jim Ratcliffe (70), the self-made billionaire and owner of the mega chemical company Ineos, brought the Styrian Hans-Peter Pessler on board for the car project"

"Good news and new orders are currently needed at Magna-Steyr like a piece of bread. Now you can take a deep breath in Graz. Because at least one new top order that could secure up to 1500 jobs is fixed and will be officially confirmed today."
‘Should’ roll off …….. always watch out for the wriggle word 🙄
 

Mossy Ineos Grenadier TX

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Will be interested to see if Magna finds a US based plant for EVs. It would take a similar sized commitment from Sir Jim to secure another contract, but given GMC's 90k reservations for the new Hummer, I'd say there is plenty of stateside appetite for rugged electric SUV's.
 

DCPU

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Will be interested to see if Magna finds a US based plant for EVs. It would take a similar sized commitment from Sir Jim to secure another contract, but given GMC's 90k reservations for the new Hummer, I'd say there is plenty of stateside appetite for rugged electric SUV's.
Jeep seem to be doing well with their electric offering:

 
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