Volkswagen (VOW3.DE)-backed Scout Motors has unveiled new conceptual vehicles. The line features a hybrid electric pickup truck and SUV, both slated for production in 2027. Scout Motors CEO Scott Keogh joins Catalysts alongside Yahoo Finance Autos Reporter Pras Subramanian to discuss this venture.

"It's the return of an iconic brand that basically made the SUV back in the day," Keogh explains.

He highlights two distinct powertrains: an electric version with a 350-mile range and a range extender, which he describes as "the perfect technology for what's happening in America today."

"We're going to come to the market in [20]27, and we want to grow as quickly as possible, but I think the most important thing is to get the business case right." Keogh emphasizes two critical factors: maintaining low material costs to ensure profitability and managing operating costs, which he notes will be easier as a startup company.

"The fact that we're able to use the startup advantages with the backing of the Volkswagen Group to get costs down really gives us a slick business model, which is why we can turn profitable relatively quickly," he tells Yahoo Finance.

He stresses the importance of controlling material costs during the manufacturing process, noting that if you don't get them down during manufacturing, "you'll never get them down."

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This post was written by Angel Smith