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Brexit backer Jim Ratcliffe’s Ineos to build electric Grenadier in Austria

Britain misses out on building second Ineos vehicle, after company chose France for original model

Ineos, the company founded and run by the British billionaire Sir Jim Ratcliffe, will build an electric version of its new Grenadier off-road vehicle in Austria.

The electric version of the 4×4 will be developed with the Canadian car parts manufacturer Magna and production is scheduled to start in 2026.

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