Get all your news in one place.
100's of premium titles.
One app.
Start reading
Reason
Reason
Joe Lancaster

South Carolina Gave $1.3 Billion to Scout Motors. It's Already $150 Million Over Budget.

Scout Scout Motors South Carolina Volkswagen Henry McMaster Commerce

In March 2023, Scout Motors announced it would spend $2 billion to build an electric vehicle (E.V.) factory in South Carolina. The company, a newly launched subsidiary of Volkswagen, would build electric trucks and SUVs.

CEO Scott Keogh said the company chose South Carolina because "the state was ready to go." But it likely didn't hurt that state lawmakers agreed to provide Scout $1.29 billion in incentives, including $400 million for site preparation.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Have an Elmo Teether in the Freezer? Check It Before Giving It Back to Baby
That familiar red Elmo face sitting in your freezer may deserve a closer look before it goes back into your baby’s hands. A Skip Hop Baby “Sesame Street” Elmo Silicone Teether has been recalled because its black eye pieces can detach if the product is frozen, creating a choking hazard.…
Kids Ain't Cheap
Kids Ain't Cheap
Gen Z's new American Dream: Skip the mortgage, book the flight
Young Americans are trading square footage, new cars and even moving out for plane tickets, even as airfares jump more than 20%.
Fortune
Fortune
Megan Fox Tagged 'Unrecognisable' in Letterboxd Video as Fans Defend Her Against Meaningless Comments
A Letterboxd video featuring Megan Fox and Karyn Kusama prompted online debate about Fox's appearance, with fans challenging unsupported speculation about cosmetic procedures or health
International Business Times UK
International Business Times UK
US Schools Record Nearly 12,000 Book Bans, the Highest Ever in a Single Year, as 'Jane Eyre' and 'Lessons in Chemistry' Join the List
PEN America reports nearly 12,000 book-ban instances in US schools, a record total, as Texas overtakes Florida and AI tools enter the removal process.
International Business Times UK
International Business Times UK
Alice Zaslavsky’s shortcut beetroot baked risotto – recipe
An unconventional technique makes this vibrant rice – finished with dill fronds – a lower-touch dinner for weeknights
The Guardian - AU
The Guardian - AU
Does your sleep tracker get it right? A Pittsburgh neuroscientist weighs in
On a typical night, I go to bed wearing a tracking watch on one wrist and another type of tracker on the other wrist. Then I compare their sleep findings while I drink my morning coffee.
The Conversation
The Conversation
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play