Ineos expansion plans include 2 more SUVs and maybe a U.S. factory

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Ineos expansion plans include 2 more SUVs and maybe a U.S. factory
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After the Fusilier launches, Ineos's expansion plans includes two more SUVs, one SUV larger than the Grenadier and one smaller, and maybe a U.S. factory

The Financial Times' Future of the Car summit assembled 82 speakers from all over the transportation cosmos for three days of panels. One of those speakers was Lynn Calder, CEO of Ineos Automotive, and she had stories to tell about the company's plan"to stick to what we know but get bigger."

Offering details on the powertrains, Calder said the BEV would get about 250 miles on a charge, likely a number derived on the WLTP cycle, Ineos being English and the summit being held in London. The REV variants would get a smaller battery good for about 170 miles on its own, the fuel-powered generator used only to replenish the pack, not turn the wheels.

To make the most of these plans and the balance sheet, Calder said the company's considering a U.S. factory. At the moment, Ineos owns a single plant in Hambach, France. With the States already accounting for the most Grenadier and Quartermaster orders, building here would help feed the growth aspirations and avoid the 25% tariff on importing the Quartermaster from France.

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