Magna Awarded Contract to Build new INEOS Automotive Electric Off-Road Vehicle

Magna has been awarded a contract to manufacture the all-new INEOS Automotive electric off-road 4X4 vehicle – which is expected to start production in Graz, Austria in 2026. In addition to manufacturing, Magna will also be responsible for the engineering of the complete vehicle.

Part of the development process for this new 4X4 will include a rigorous testing programme on Austria's Schöckl mountain, which is close to Magna's complete vehicle assembly facility.

Magna started working with INEOS Automotive in 2018 on complete vehicle engineering services ahead of the launch of the company’s first 4X4, the Grenadier.

Smaller than the Grenadier, the all-new battery electric model will be zero emission and will deliver off-road capability.

Magna has produced more than four million vehicles including different models for both traditional automakers and new entrants from its facilities in Graz, Austria, and Zhenjiang, China (a joint venture with BJEV).

INEOS Automotive is owned by INEOS, a multinational chemical company that operates in a variety of industries including petrochemicals, specialty chemicals, and oil and gas. 

Roland Prettner, Interim President, Magna Complete Vehicles, says: “We are excited to have been chosen as INEOS Automotive’s strategic manufacturing partner, building on the strength of our existing relationship in vehicle engineering. This new electric vehicle adds nicely to our line-up in Austria and showcases our flexibility in producing a range of vehicles from ICE-based to fully electric.”

"Having worked together on the engineering of our crucial first product, we’ve seen first-hand the value of applying Magna’s agility, expertise and experience to a complete vehicle development program,” adds Lynn Calder, CEO of INEOS Automotive. “Deepening our collaboration is a natural next step as we use the Grenadier as a springboard for our continued growth as a global automotive brand with our second model line. We’ll once again work with the very best partners to launch another world-class product to our customers in 2026.”

Magna's global network includes 343 manufacturing operations and 88 product development, engineering and sales centres spanning 29 countries.