What is Scout's "Harvester range extender?"
The pickup and SUV, both capable of an estimated 350-mile range, will share many of the same components, including one that helps extend the models' range. The so-called "Harvester" range-extending system (REX) claims to extend the Traveler and Terra's range to approximately 500 miles, but how does it work?This is not a new idea in the EV world. A while back, the BMW i3 used a scooter motor paired with a tiny gas tank to power an optional REX system hidden in the rear of the vehicle. This system allowed the vehicle to roughly double its range.
"To account for different work needs, we're planning to offer the choice of two energy systems: an all-electric system, or a gas-powered range extender called Harvester. The Harvester Range Extender is a generator packaged in the vehicle platform that will recharge the vehicle's high voltage battery. It will extend the expected range to over 500 miles (based on manufacturer estimates, EPA estimates will be provided when available)," Scout Motors said.
Scout's parent company Volkswagen has yet to release any technical information about the REX system, but we know they are looking for a cost-effective, lightweight, and rugged setup. This is not an easy ask.
Still, it's the best of both worlds. Not only can it truly overland, charge itself, and tow up to 7,000 lbs, the system is bi-directional, an incredibly useful resource that can power just about anything that needs electricity.One of the biggest enemies of any EV is weight. It's hard enough keeping the weight off when you are dragging a massive battery around, let alone heavy off-road accessories, drag-inducing tires, and boxy shapes. All of these factors hinder an EV's range.
A REX system will be heavy, too, which will further affect the range figure. There is also the added complexity of having the REX system. Suddenly, you're back to changing fluids, oiling, and fueling something that creates carbon waste.
Perhaps the next focus of EV manufacturers should be how to keep REX systems clean and reliable.
Despite these few downsides, I would suspect that Scout's Harvester range extending system will be a popular choice. For many, they will barely use it, while others will rely on it often. I personally like the idea of massive range to not only go way off the beaten path, but also to have the power to return to civilization and/or power up a campsite.
We're excited to learn the technical details of the REX system and see improved iterations of it in future EVs.
Love reading Autoblog? Sign up for our weekly newsletter to get exclusive articles, insider insights, and the latest updates delivered right to your inbox. Click here to sign up now!
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
3 hours ago
- Yahoo
Rivian's Path To Profitability Gets Longer As Regulatory Changes Squeeze Margins
Rivian Automotive (NASDAQ:RIVN) shares declined on Wednesday after the electric vehicle manufacturer posted mixed second-quarter results and issued a downbeat outlook, prompting a round of price target cuts from Wall Street analysts. The company reported second-quarter revenue of $1.303 billion, a 5.1% year-over-year increase that slightly surpassed the Street consensus estimate of $1.29 billion, according to Benzinga Pro. However, the adjusted loss of 97 cents per share came in wider than the expected 76 cents per share loss, underscoring continued profitability response to the earnings, Wedbush analyst Daniel Ives maintained Rivian with an Outperform rating and lowered the price forecast from $18 to $16. While revenues modestly exceeded expectations, driven by higher average selling prices and growth in the software and services segment, profitability deteriorated. Software and services revenue rose to $376 million, up from $318 million in the prior quarter, with approximately $182 million stemming from Rivian's joint venture with Volkswagen (OTC:VWAGY). However, adjusted gross margin fell steeply to 4.9%, down from 26.5% in the previous quarter, primarily due to lower production volumes and roughly $137 million in fixed cost impacts. Tariffs had only a minor impact during the period. Adjusted EBITDA came in at a loss of $667 million, significantly wider than the Street's anticipated $492.7 million loss, as the company ramped up investment in its R2 product line and service infrastructure. Rivian reaffirmed its full-year delivery guidance of 40,000 to 46,000 vehicles but downgraded its profitability outlook. The company now expects gross profit to be roughly breakeven, down from a prior forecast of $300 million. This change is primarily due to recent regulatory changes that have created a net negative impact of a couple thousand dollars per unit. A major part of this loss comes from the elimination of a high-margin revenue stream: $160.0 million in regulatory credits that the company was previously expecting to earn. Adjusted EBITDA guidance was revised to a range of negative $2.25 billion to $2.0 billion, well below the consensus estimate of negative $1.88 billion. Despite short-term challenges, Ives maintained an Outperform rating, while lowering the price forecast, citing regulatory uncertainty, tariffs, and macro headwinds as near-term hurdles in Rivian's broader transformation. JP Morgan analyst Ryan Brinkman took a more pessimistic view, reaffirming an Underweight rating and cutting his price forecast from $10 to $9. Brinkman lowered his estimates and price forecast on Rivian following a wider-than-expected second-quarter EBITDA loss and a deeper full-year guide-down. While revenue of $1.303 billion beat JPMorgan's $1.211 billion estimate and the Street's $1.283 billion, nearly all other metrics disappointed. Regulatory credit revenue came in at just $3 million, well below Brinkman's $107 million forecast, due to legislative changes that reduced demand for EPA and CAFE credits. Core automotive gross margin excluding credits fell sharply to -36%, compared to JPMorgan's -11% estimate, leading to a combined gross profit loss of $335 million versus the firm's projected $90 million loss. Software and services showed relative strength, posting a gross profit of $129 million versus the expected $75 million, while operating expenses were lower than anticipated at $908 million. Despite these positives, the second-quarter EBITDA loss of $667 million fell far short of JPMorgan's forecast of $535 million and consensus of $493 million. Brinkman sees Rivian's updated full-year outlook, now forecasting an adjusted EBITDA loss of $2.125 billion at the midpoint (down from $1.8 billion prior) and regulatory credit revenue of $160 million (cut from $300 million), as indicative of both a more challenging regulatory environment and weaker internal execution. He projects a $2.8 billion free cash outflow for 2025, up from $2.5 billion, equating to over 50% of estimated revenue and 20% of Rivian's market cap. While liquidity remains sufficient with $7.5 billion in cash and expected inflows from Volkswagen and DOE loans, Brinkman reaffirmed an Underweight rating and cut his price forecast. Price Action: Rivian shares are trading lower by 3.16% at $11.79 at last check on Wednesday. Photo via Shutterstock Latest Ratings for RIVN Date Firm Action From To Mar 2022 Wedbush Maintains Outperform Mar 2022 Wells Fargo Maintains Equal-Weight Mar 2022 RBC Capital Maintains Outperform View More Analyst Ratings for RIVN View the Latest Analyst Ratings Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Rivian's Path To Profitability Gets Longer As Regulatory Changes Squeeze Margins originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
12 hours ago
- Associated Press
New Holland Introduces the Renewed FR 650: Greater Efficiency, Lower Consumption and More Operator Comfort
CNH brand New Holland was present at the 137th edition of Argentina's Expo Rural with the revamped FR 650 harvester. This product is developed to deliver the highest productivity, quality and operational efficiency on the market. The new FR 650 offers users the possibility of incorporating the NutriSense system, which allows precise information on forage quality to be obtained. In addition, it has the MetaLoc metal detection system that improves safety during work and the IntelliFill III system that increases the accuracy and efficiency in filling the trailer, allowing the operator to focus exclusively on the harvesting task. Its new engine delivers better performance with lower fuel consumption, together with a Power Cruise system and new ECO engine management mode, which allow greater operational efficiency, delivering the highest available capacity at all times. Another highlight of the new FR 650 is the renewed, more spacious and soundproofed cab, which includes a new 12.1" IntelliView IV monitor and updated commands. It offers a superior on-board experience, thanks to equipment that allows the operator to work in a comfortable space during long working days. Read the full story here. Visit 3BL Media to see more multimedia and stories from CNH
Yahoo
a day ago
- Yahoo
2 Top Electric Vehicle (EV) Stocks to Buy in August
Key Points Nio's booming Onvo SUV launch could signal a turnaround, though profitability remains a 2025 target. Rivian's Amazon partnership and upcoming lower-cost R2 SUV could offer growth potential, backed as it is by a $1 billion Volkswagen investment. Both stocks trade at lower price-to-sales (P/S) ratios than Tesla but face cash-burn problems and execution risks in a competitive EV market. 10 stocks we like better than Nio › The electric vehicle (EV) market is as volatile as it is promising. Supply chain hiccups, interest rate pressures, and intense global competition have seen many EV stocks tumbling from their peaks. But for investors with a long-term perspective, August is offering up some pretty compelling opportunities to pick up some popular names at reasonable valuations. Two in particular stand out right now: Nio (NYSE: NIO) and Rivian Automotive (NASDAQ: RIVN). Each faces its own headwinds but also carries a credible growth story and the potential to reward investors who can wait. Nio Nio is China's premium EV daredevil. While most EV makers want to sell you a car, Nio wants to refuel it for you, too. Its battery-swap stations let drivers trade a drained pack for a full one in less time than it takes to grab a latte. In an industry that obsesses over range, that kind of convenience is tough to ignore. Nio's current share price, less than $5, plants its market cap around $10 billion, valuing the company at about 1.06 times sales (for perspective, Tesla's figure is about 11.5). That's pretty cheap for a premium EV brand with real market share in China, the world's largest EV market. Its revenue has grown steadily, reaching about $9.4 billion over the past 12 months. The problem is that growth hasn't yet translated into profitability. Nio lost roughly $3.3 billion last year, and gross margins remain stubbornly in the mid single digits. Meanwhile, the Chinese EV market is cutthroat, with rivals Tesla and BYD dominating volume. That forces Nio into a tricky balance: trying to protect its brand as a premium choice while staying competitive on cost. So far that has meant operating losses and persistent cash burn, with over $13 billion in total liabilities and just $2 billion in equity. Nio has expanded into Europe, which is exciting, but that comes with its own problem: Wherever Nio goes, it needs to build out its network of battery swapping stations. That intrinsic problem means that expansion into new markets, though potentially beneficial for top-line growth, also comes with operating expenses that will affect its profitability. Still, last Thursday's 8% rally -- sparked by a blowout launch for its mass-market Onvo L90 SUV -- was a reminder of how quickly sentiment can turn. The first 10,000-unit batch reportedly sold out in just three hours. Management is aiming for adjusted profitability by late 2025 and plans to expand margins and build out its infrastructure moat in battery swaps and autonomous tech. For investors who believe in a future of EVs, today's sub-$5 price could be the low point before a long climb. Rivian Rivian makes electric trucks, SUVs, and delivery vans. Think rugged designs, off-road capability, and outdoorsy brand vibe. On top of that, it has a key partnership with Amazon, which is rolling out Rivian-built electric delivery vans (currently, about 25,000 of these bad boys are on the road). While originally, Amazon had exclusive rights to Rivian, both parties have since amended the contract, allowing Rivian to sell its vans to other companies. The near term hasn't been super smooth. In the second quarter, deliveries dropped about 22% year over year to 10,661 vehicles. While that number might seem concerning at first glance, the slowdown may be strategic: Rivian wants to bring its lower-priced R2 SUV to market in 2026, aiming to tap a much larger customer base. The timing also lines up with a fresh $1 billion investment from Volkswagen, which will help develop new EV platforms and software. Financially, Rivian is improving but still in the red. It posted a modest gross profit in the first quarter, its second in a row, and revenue edged higher year over year to $1.24 billion. Losses remain heavy, with negative free cash flow of about $526 million in the quarter. Still, its $4.7 billion cash pile and Volkswagen's funding should give it some breathing room while it works toward profitability. At today's share price (about $12 to $13), Rivian's price-to-sales ratio (P/S) is about 2.6, far lower than Tesla's. At the same time, if it can nail the R2 launch, keep Amazon vans rolling, and tighten up its cost structure, sentiment could swing fast in the right direction. But there are still a lot of unknowns, and prospective investors should definitely expect a bumpy road before it starts to smooth out. Why these EV stocks deserve a look The EV market will test your patience, but that's part of the deal. Nio and Rivian each have something real going for them, whether its Nio's surge of demand or Rivian's steady Amazon van pipeline. Both are still finding their financial footing, yet their current prices leave plenty of room for increases. If they can deliver on the next leg of growth, today's buyers could be glad they stayed buckled up. Do the experts think Nio is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did Nio make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,039% vs. just 181% for the S&P — that is beating the market by 858.19%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $631,505!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,103,313!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Steven Porrello has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon and Tesla. The Motley Fool recommends BYD Company and Volkswagen Ag. The Motley Fool has a disclosure policy. 2 Top Electric Vehicle (EV) Stocks to Buy in August was originally published by The Motley Fool
