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https://www.autoblog.com/2023/03/21/vw-scout-factory-south-carolina-incentives/
VW's Scout unit wins $1.3 billion in incentives for South Carolina factory
Plant breaks ground in a couple of months, with production starting in 2026
March 21, 2023
South Carolina Gov. Henry McMaster on Monday signed legislation approving $1.29 billion in state incentives for Volkswagen's off-road brand Scout Motors to build a $2 billion manufacturing plant for trucks and SUVs.
The project could also receive up to $180 million in job development tax credits based on hiring, said South Carolina Commerce Secretary Harry Lightsey.
In May, VW said it would reintroduce the Scout off-road brand in the United States, offering new electric pickup and sport-utility vehicles. Scout said it hopes to eventually create 4,000 jobs and produce 200,000 Scout vehicles annually.
Groundbreaking is planned for mid-2023 and production is projected to begin by the end of 2026.
"We looked at 74 sites in a dozen states, roughly," Scout CEO Scott Keogh told reporters. "The site was ready, the governor himself put together an EV council ... to make sure his state was ready."
Keogh said Scout wants to "act like a startup, be nimble and take advantage of this moment." Scout, an independent U.S. company owned by Volkswagen Group, has said it is evaluating the potential for outside investment but has made no announcements.
VW's Scout unit wins $1.3 billion in incentives for South Carolina factory
Plant breaks ground in a couple of months, with production starting in 2026
March 21, 2023
South Carolina Gov. Henry McMaster on Monday signed legislation approving $1.29 billion in state incentives for Volkswagen's off-road brand Scout Motors to build a $2 billion manufacturing plant for trucks and SUVs.
The project could also receive up to $180 million in job development tax credits based on hiring, said South Carolina Commerce Secretary Harry Lightsey.
In May, VW said it would reintroduce the Scout off-road brand in the United States, offering new electric pickup and sport-utility vehicles. Scout said it hopes to eventually create 4,000 jobs and produce 200,000 Scout vehicles annually.
Groundbreaking is planned for mid-2023 and production is projected to begin by the end of 2026.
"We looked at 74 sites in a dozen states, roughly," Scout CEO Scott Keogh told reporters. "The site was ready, the governor himself put together an EV council ... to make sure his state was ready."
Keogh said Scout wants to "act like a startup, be nimble and take advantage of this moment." Scout, an independent U.S. company owned by Volkswagen Group, has said it is evaluating the potential for outside investment but has made no announcements.
