VinFast to Start Construction of U.S. Plant July 28

by | 19. Jul 2023 - 10:28 | Economy

The Vietnamese EV maker said the facility in North Carolina will begin production in 2025.

Vietnamese electric vehicle maker VinFast is announced to begin construction of its plant in Chatham County, North Carolina on July 28. While construction was set to start in 2022 already, the company cited a procedural delay for the postponement. Now, VinFast aims to commence with its plans and announced to hold the groundbreaking ceremony later this month.

Planned to begin production in 2025, the 1,800 acres plant is designed to reach a capacity of 150,000 vehicles per year in phase 1 and employ over 7,000 people, according to the company. Le Thi Thu Thuy, VinFast’s CEO, commented on the coming ceremony and said that “the factory will be VinFast’s primary supplier of electric vehicles to the North American market,” and will “contribute to advancing the clean energy economy in the US and help to support North Carolina’s green mobility strategy.”

Earlier this year, VinFast delivered its first electric vehicles outside its home country of Vietnam. Additionally, the company plans to construct another production facility abroad: in 2025, a plant is set to open in Germany

Photo: iStock/NguyenDucQuang

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