VinFast, the automotive arm of Vietnamese conglomerate Vingroup, is set to break ground on its first US electric vehicle (EV) megacomplex in North Carolina on July 28th. This pioneering $7 billion, 2.8 million square foot EV factory is poised to bolster the North American EV supply and boost the global green mobility movement.
Located about 100 miles east of Charlotte in Chatham County, the 1,800-acre facility aims to produce 150,000 vehicles annually in its initial phase. The factory will be comprised of production and assembly areas and will also host related supplier businesses.
VinFast to officially break ground on its plant in Chatham County, NC on July 28.
It’s the new EV maker’s first North American plant pic.twitter.com/AlDNCMUitc
— Brian Gordon (@skyoutbriout) July 19, 2023
A few days ago, the company submitted the official zoning request to Chatham County, with detailed site plans and building functions. According to the plans, the company plans to build a total of 8 structures with over 2.8 million square feet, including a body shop, press shop, paint shop, pump house, guard house, waste building, and their own energy plant.
VinFast Auto CEO, Le Thi Thu Thuy, confirmed in a press release that the factory would primarily supply EVs to the North American market and support North Carolina’s green mobility strategy.
The company is offering early buyers a $3,000-$5,000 rebate off their new US VF 8 and VF 9 models if they reserve early here.
The first models are expected to roll off the line in 2024.
