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HomeTechnology peripheralsIt IndustryMagna Steyr's Latest Gem Shines with Victory Behind Massive Contract

Volkswagen recently announced cooperation agreements with other car manufacturers to promote the Scout brand to create a new chapter of electric vehicles in Europe

Magna Steyr's Latest Gem Shines with Victory Behind Massive Contract

According to local media in Graz, Austria Kleine Zeitung reported that Volkswagen has successfully won an order worth approximately 450 million euros (approximately 3.515 billion yuan) to provide strong support for the development of Scout brand electric vehicles

According to my understanding, this cooperation The main partner in the plan is Graz-based Magna Steyr, which will be responsible for the development of two Volkswagen Scout electric vehicles, including an electric pickup truck and an SUV. The two models are expected to be launched in the U.S. market in early 2027, while mass production is scheduled to begin at the end of 2026

Magna Steyr's Latest Gem Shines with Victory Behind Massive Contract

Currently there are reports citing multiple sources familiar with the matter. , the development work of Scout electric vehicle has been carried out simultaneously in Graz and the United States. Magna Steyr is mainly based at the Graz factory and specializes in the production of off-road models including the Mercedes-Benz G-Class. This order is regarded as their largest R&D contract to date

Magna Steyr's Latest Gem Shines with Victory Behind Massive Contract

Volkswagen announced at the Scout press conference last May that they would establish an independent company called Scout Motors to focus on the design, engineering and manufacturing of pickup trucks and off-road SUVs. This cooperation is the specific implementation of this strategy

Volkswagen revealed at the beginning of this year that the pre-sale price of this electric SUV will be around 286,000 yuan, in order to provide more consumers with a Affordable electric models

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