VinFast To Host Groundbreaking Ceremony Of NC Plant Next Friday via InsideEVs
. For the Vietnamese automaker, it would've been more advantageous to allot more R&D time to perfect the car before a market launch.
Nevertheless, VinFast is working to increase its EV production infrastructure efforts in Vietnam and abroad. For its North Carolina facility, the firm aims to begin production by 2025, meaning its vehicles built there will likely qualify for at least a portion of the tax credit. In a press release, VinFast CEO Madam Le Thi Thu Thuy said,"The manufacturing facility in North Carolina is one of VinFast's key projects. When it begins operations, the factory will be VinFast's primary supplier of electric vehicles to the North American market, allowing us to optimize production and business activities.
The site will cover 1,800 acres and have an annual capacity of 150,000 vehicles in its initial phase. VinFast selected North Carolina primarily due to a from the state. The manufacturing location is going to be situated in Chatham County, just southwest of Raleigh. The site will be conveniently located in the state's Research Triangle and near NC State University and UNC Chapel Hill.More Vinfast News
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