INEOS Automotive Plans 2022 Europe Launch for Off-Road Vehicle

INEOS Automotive Plans 2022 Europe Launch for Off-Road Vehicle
A logo is pictured in the headquarters of INEOS chemicals company during a news conference in Rolle, Switzerland on Nov. 13, 2017. Denis Balibouse/Reuters
|Updated:

LONDON—INEOS Automotive, a unit of chemicals and energy giant INEOS, will launch a rugged off-road vehicle in Europe in 2022 and North America in 2023 for farmers and other primarily rural uses, it said on Wednesday,

The company plans initially to launch with a utilitarian version of the Grenadier for business customers - which should make up the majority of sales of the four-wheel drive vehicle - and a more comfortable passenger version.