The new facility, a $5.54 billion investment, will break ground in early 2023 and is expected to begin commercial production in the first half of 2025 with an annual capacity of 300,000 units.
VinFast to Build EV Factory in North Carolina
VinFast, the Vietnamese manufacturer of a new line of electric vehicles, announced that Chatham County, North Carolina has been named as the location for its first electric vehicle manufacturing site in North America.
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