December 27, 2024

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Huge new investment – a €2 billion factory is being built

Huge new investment – a €2 billion factory is being built

A new major investment worth two billion euros has been initiated by a company with European interests that wants to change the realities in electric cars.

That's why the newly formed company Scout Motors, which may not be two years old yet but has big plans for the electric future of four-wheelers.

For those who don't know, Scout Motors is a subsidiary of the Volkswagen Group that was created with the exclusive aim – at least for now – of the North American markets.

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The subsidiary of the German giant operates completely independently and has its own board of directors, while its name Derived from the defunct International Harvester model of the same name – the Germans bought the rights.

Scout that It was popular on the other side of the Atlantic throughout its production period (1960-1980).is considered by many to be the pioneer of today's SUVs and it is precisely this dynamic that the newly formed company, which will design, develop and manufacture SUVs and pickup trucks for the American market, wants to exploit.

About a year ago, Scout, was in charge former CEO of Volkswagen USA Scott Keogh; It announced its plans to build its first factory, investing two billion euros with a targeted production unit Manufacture of 200,000 purely electric models.

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Construction of the new factory in Blythewood, South Carolina, began on the 15th of this month with a groundbreaking ceremony for the factory, which is expected to create 4,000 new jobs in the region.

Americans celebrated In their own way as there were quite a few purebred Scouts – pickup trucks and SUVs – present at the event. While Jim Bowery, former manager of the Indiana factory where the International Harvester models were built, donated a brick from that factory to house the new model.

The factory is expected to be completed in 2026 With production of the new models introduced by then commencing later that year.

The platform on which the new electric models will be built is completely new and, according to its creators, promises excellent off-road capabilities.

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