Volkswagen companions up for Scout EV improvement with $492 million deal

Volkswagen has determined to work with one other automaker to assist develop its revived Scout electrical car (EV) model in Europe, with latest reviews saying the corporate secured an order price round 450 million euros ($492 million).

Graz, Austria-based producer Magna Steyr will develop the 2 Volkswagen Scout EV fashions, in keeping with a report from native media outlet Kleine Zeitung final week. The EV model will get each an electrical pickup and an SUV, and so they’re anticipated to be launched within the U.S. in early 2027, with collection manufacturing for the autos anticipated to be prepared by the tip of 2026.

In keeping with the report, which cited a number of sources accustomed to the matter, Magna was initially purported to oversee meeting of the EVs within the U.S., though Volkswagen now plans to construct the car itself at an upcoming South Carolina plant.

South Carolina turns into battery hotbed with $1.6 billion in investments

The corporate will, nonetheless, produce the autos in Graz, and improvement is reportedly already underway there and within the U.S. Magna primarily builds off-road autos on the Graz manufacturing facility, together with the Mercedes-Benz G-Class. The Volkswagen order additionally represents the most important contract for improvement as of but.

Earlier this 12 months, Volkswagen stated that the electrical SUV can be priced round $40,000.

Within the press launch saying the Scout lineup final Might, introduced it could discovered an impartial firm to “design, engineer, and manufacture the pick-up and rugged SUV (R-SUV) section. The corporate later teased the upcoming re-brand as Scout Motors with the model’s personal web site, which you’ll be able to see right here.

Volkswagen has embraced battery-electric autos (BEVs) over the previous few years. In September, the corporate introduced that its whole BEV deliveries had jumped 45 p.c worldwide 12 months over 12 months.

You may see a couple of of the Scout’s idea photos from the discharge beneath.

Credit score: Volkswagen

Credit score: Volkswagen

Credit score: Volkswagen

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Volkswagen companions up for Scout EV improvement with $492 million deal






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