VinFast Announced Plans To Build A $7 Billion EV Manufacturing Megacomplex in NC


Electric vehicle manufacturer VinFast has just selected North Carolina to build a massive $7 billion manufacturing complex on a 1,000 acre site in Chatham County – one of the biggest economic investments in the history of North Carolina.

The Vietnamese company will create over 10,000 to work at the new facility, including engineers, developers, technicians, and line workers.

According to the Triangle Business Journal, VinFast would produce both electric batteries and vehicles at the new complex.

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.

The first models are expected to roll off the line in 2024.