VinFast: $4B EV Plant Coming to North Carolina

Written by Marybeth Luczak, Executive Editor
“We are excited to announce that the new home of our first electric vehicle and battery manufacturing site in North America will be in Chatham County, North Carolina! The project is expected to bring thousands of jobs and eventually produce more than 250,000 vehicles per year,” VinFast reported via Twitter on March 29.

“We are excited to announce that the new home of our first electric vehicle and battery manufacturing site in North America will be in Chatham County, North Carolina! The project is expected to bring thousands of jobs and eventually produce more than 250,000 vehicles per year,” VinFast reported via Twitter on March 29.

Vietnam-based VinFast in July 2024 will open its first North American electric vehicle (EV) assembly and battery manufacturing facility, valued at $4 billion, in Chatham County, N.C. North Carolina Railroad Company (NCRR) reported on March 29 that it will provide approximately $1 million to help construct an auto ramp, part of the rail infrastructure needed for CSX or Norfolk Southern (NS) to serve the site.

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