Extra, Extra....Read All About It!

[THil08]

Scott is in San Francisco, but sometimes it requires some interpretation/clarification.

We are working to close the remaining gaps in EREV and BEV development and market launch. Scott is confirming that we have more EREV reservations (the safer choice for many people on the fence about an EV) and pushing to get it to market. But BEV development continues and launch timing is still in the air.

Uncle Scotty!!

thanks, Jamie for the update on progress.

 

[robothero]

Sounds like the state kinda shot themselves in the foot by agreeing to the aggressive schedule without having done all the groundwork, and then once the groundwork started they didn't account for $ being spent for being idle. This isn't really on Scout since they would have run into the same issues regardless of who/what the factory was for.

 

[speedrye]

SC is $150M over budget on promises it made to bring Scout Motors to the state

COLUMBIA — South Carolina has racked up $150 million in cost overruns as it works to fulfill pledges it made to lure electric vehicle maker Scout Motors to the state. The state’s economic development agency wants taxpayers to make up the difference. South Carolina lawmakers, in March 2023...

www.yahoo.com

people need to stop complaining, its $30 more so what and in the long run it will boost SC economy.

Oh no, the government screwing up money and making me pay for it!

Welcome to modern America, Daily Gazette!

 

[6-ScoutFamily]

“Say it ain’t so…”

 

[THil08]

“Say it ain’t so…”

Saw that Live at the event i gave to Jamie to hopefully get Scout Motors at.

 

[J Alynn]

Genesis

Genesis Exec Confirms Some People Have Bought a Production Version of the X Scorpio Concept

An executive from the automaker confirmed to Car and Driver that several orders were placed before the reveal event had even concluded.

bit.ly

Not so much my taste but very intriguing. If I had several $100K lying around as well as a desert

 

[J Alynn]

Sounds like the state kinda shot themselves in the foot by agreeing to the aggressive schedule without having done all the groundwork, and then once the groundwork started they didn't account for $ being spent for being idle. This isn't really on Scout since they would have run into the same issues regardless of who/what the factory was for.

Agree here. A job this size would either have added co to Gen Y or they should have left certain things like acts of God be reimbursed or split with Scout. Kudos for Scout for great negotiations

 

[LastDayScout]

SC is $150M over budget on promises it made to bring Scout Motors to the state

COLUMBIA — South Carolina has racked up $150 million in cost overruns as it works to fulfill pledges it made to lure electric vehicle maker Scout Motors to the state. The state’s economic development agency wants taxpayers to make up the difference. South Carolina lawmakers, in March 2023...

www.yahoo.com

people need to stop complaining, its $30 more so what and in the long run it will boost SC economy.

South Carolinians have been burned by this exact kind of deal time and time again—enticing manufacturers with massive tax breaks and big promises that rarely pan out. Honestly, it’s partly our own fault, because we keep voting in the same greedy, shortsighted, and inept leaders who allow it to happen.

We’ve seen this play out before: citizens are told to pay more to receive what was already promised, or we never get what was promised at all. Meanwhile, companies walk away with sweetheart tax deals.

Our infrastructure—especially our roads—is terrible. Our schools are underfunded and struggling. Housing costs keep rising. Yet we’re constantly told that these deals will lead to better roads, stronger schools, and more revenue for everyone. It almost never works out that way.

The bottom line is that South Carolinians shouldn’t just "pay another $30 and stop complaining". If the state needs money, it can issue bonds. Scout can seek other private investment. But higher taxes are not the solution.

Look at Charleston County: we voted in a half-cent sales tax for road improvements. We were told that just 0.5%, especially with all the tourist spending, would fix our roads and bridges. Instead, nothing has changed. The roads are still awful, and the money seems to have disappeared into who knows what.

So I say: find the money somewhere else.

 

[cyure]

They don’t know the price yet?? I thought they announced it.

https://insideevs.com/news/785737/slate-truck-price-discussion-ceo/