SCOUT MOTORS ANNOUNCES NEW SCOUT INNOVATION CENTER IN MICHIGAN

Research and development facility will be home to Scout Motors’ Product, Design and Engineering teams

Novi, Michigan (December 12, 2023) – Scout Motors Inc. (“Scout Motors”), formed to craft the next generation of all-electric trucks and rugged SUVs, announced today the company will establish its Scout Innovation Center in Novi, Michigan. This research and development facility will house Scout Motors’ growing Product, Design and Engineering teams and members of cross-functional support teams.

“Our new vehicles will honor Scout’s hard-working heritage while injecting fresh American ingenuity to create a new era of iconic all-purpose vehicles,” said Scott Keogh, President and CEO of Scout Motors. “As we design and engineer our vehicles, Michigan is the perfect place to establish our Innovation Center due to its deep automotive roots, continued investment in innovation and ability to attract and train a talented, diverse workforce.”

Michigan is leading the charge to position the U.S. as a global EV/mobility competitor through increased manufacturing capacity, research and development and the state’s ranking as first in the nation for mobility-related patents. Last year, the state attracted over $14 billion in electric vehicle and battery investments while developing programs to train and employ the next generation of talent in the EV/mobility sector.

“We’re thrilled to welcome Scout Motors’ new R&D facility to Michigan, creating 200 good-paying engineering jobs right here in Michigan. Winning this investment proves that Michigan offers the best opportunity for automotive companies – from R&D to manufacturing,” said Governor Gretchen Whitmer.

Scout Motors’ investment in the Scout Innovation Center is supported by a Michigan Business Development Program performance-based grant.

“We are thrilled to be welcoming Scout Motors to Michigan as we continue to secure our position as the leader in future mobility and electrification. This project represents the kind of R&D investment that continues to put Michigan in a position to win through a Make It in Michigan strategy,” said Quentin Messer, Jr., CEO of the Michigan Economic Development Corporation and President and Chair of the Michigan Strategic Fund.

Scout Motors’ trucks and rugged SUVs will be built on a newly designed all-electric platform, engineered to deliver credible capability and off-road prowess, with a focus on ground clearance, approach angles, robust axles, payload capacity, all-electric range, and new digital features.

Scout Motors has now hired nearly 300 employees since its inception in 2022. Current career opportunities can be found on the Scout Motors careers page.

JLL, led by Vice Chairman Greg Lubar and Executive Managing Director Matt Jackson, represented Scout Motors in the site selection and coordination with the State of Michigan.

To learn more about Scout Motors, visit www.scoutmotors.com.