Ineos delays electric vehicle launch due to low demand and tougher net zero emissions rules expected under Labour government

Sir Jim Ratcliffe’s car company has delayed production of its electric SUV due to a lack of demand and expected tightening of net zero emissions rules under a Labour government.

Ineos Automotive will hold off on the launch of the Fusilier jeep, which is expected to be equipped with a small petrol engine to replenish the battery.

However, the company expects this to clash with a ban on the sale of new petrol cars in Europe from 2035, with Labour saying the ban would come into force in the UK earlier, in 2030.

Sir Jim, a petrochemical tycoon who also co-owns Manchester United football club, unveiled plans for an electric SUV in February. Ineos has not said when it will launch the Fusilier, which was due in 2027.

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