VW's Scout Is Rethinking EV Designs to Cut Rare Earths, CEO Says
The head of Scout Motors said the upstart automaker is engineering some components to reduce the need for rare earth materials, an issue that has become critical to the car industry and taken center stage in US trade negotiations with China.
The Volkswagen AG -backed company, which plans to produce electric and hybrid vehicles, is exploring adjustments to brakes and drive units, Scout Chief Executive Officer Scott Keogh told Bloomberg TV in an interview Tuesday.
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