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Volkswagen Scout U.S. plant receives approximately $1.3 billion incentives


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Source: Gasgoo

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Image source: Scout


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Group’s Scout brand has received nearly $1.3 billion in incentives for its $2 billion plant in South Carolina. The state’s governor Henry McMaster signed the bill approving the incentives.

South Carolina Commerce Secretary Harry Lightsey said Scout will also receive up to $180 million in tax credits based on hiring to promote job development. Vw recently revealed that Scout is expected to create 4,000 jobs in the region. Scout’s South Carolina plant will need workers in the body shop, paint shop and final assembly shop.

Scout’s new plant is expected to open by the end of 2026, a $2 billion, 1,600-acre facility that will focus on building electric trucks and durable SUV models.

Earlier this year, Scout CEO Scott Keogh said the company would launch its first all-electric SUV in the third quarter, with a starting price expected to be $40,000.

“I think the design is 85, 90, 95 percent done,” Keogh said. I call it a ‘big B-class SUV.’ We will also release a full-size pickup truck in the future. These are all models that we’re bringing to market, and when we’re ready for an official announcement, we’ll announce them.”

The Volkswagen Group is hoping the Scout brand will help it break through in the U.S. electric pickup market. The German automaker is aiming to increase its share of the U.S. auto market.

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