Ineos taps Magna Steyr to build off-road EV starting in 2026

April 17, 2023 08:00 AM

Ineos Group, the British chemicals company that recently entered the automotive market with its BMW-powered Grenadier SUV, is turning to Magna International Inc. to produce its upcoming off-road electric vehicle, the companies said today.

Featured Stories

Why steel and aluminum tariffs are keeping auto suppliers up at night

Dealership buy-sell database updates: Top 150 groups among buyers, sellers in deals across 6 states

Outgoing Lincoln chief: Luxury brand’s future focused on wellness

GM, Honda lead February EV gain with fresh U.S. models as Tesla, Rivian slip

Latest News

Porsche, Audi issue 2 recalls covering more than 50,000 U.S. vehicles

Ally feels strong in the face of tariff uncertainty

Top 5 Canadian auto stories this week: Mazda’s tariff moves; Honda’s Canada commitment; more

Wall Street titan Bill Ackman makes big bet on Hertz becoming tariff winner

Staying current is easy with newsletters delivered straight to your inbox.

See More in Suppliers

10 supplier-created innovations that helped build the auto industry

Two suppliers honored for collaborative innovation with Audi and Stellantis

Scenes from the 2025 Automotive News PACE Awards

Newly combined $5.4B auto supplier to be based in Michigan

Staying current is easy with newsletters delivered straight to your inbox.