VW-backed Scout Motors to build $2B factory in South Carolina

Scout Motors, the VW Group spinoff taking aim at the U.S. market with rugged all-electric vehicles, is deepening its investment with plans to build a $2 billion factory capable of producing 200,000 EVs a year in South Carolina.

There are a growing number of reasons for Scout Motors to keep the brand as red, white and blue as possible. And it’s not just to market itself to U.S. consumers. There are actual incentives on the line thanks to the Inflation Reduction Act and likely some kind of incentives package from South Carolina’s state government. The state government has not disclosed details on what incentives may be provided to Scout. However, South Carolina Gov. Henry McMaster has made it a priority to make the sta...

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