Scout’s electric SUV debuts in 2024, will be priced in $40,000 bracket

Volkswagen Group’s new Scout Motors rugged EV brand on Friday confirmed plans for a $2 billion factory in South Carolina due to begin producing vehicles in 2026, starting with an electric SUV targeting a base price of around $40,000. Located about 20 miles from the state capital of Columbia, the factory is projected to produce 200,000 vehicles…