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VW Says There’s Never Been a Better Time to Build an EV Factory in the US
Source: Scout Motors Inc.
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Volkswagen AG said lucrative new US incentives for EV makers were just too good to pass up when weighing to pick a partner or build its own factory to make cars for the new Scout brand.
The German manufacturer this month moved ahead with plans for a $2 billion factory in South Carolina to produce electric SUVs as part of Scout Motors Inc. The factory is due to open in 2026 and will eventually churn out 200,000 EVs annually.