VinFast is the first company to develop electric vehicles in its native Vietnam, and it's now making inroads into the American market. Last year, it announced it would build a factory in North Carolina that would manufacture both electric cars and batteries. Then, last week, the company said it would not be able to begin production at the facility until 2025, rather than the initial summer 2024 target.
An upstart company needing extra time to fulfill its promises is hardly news. But in this case, a lot hangs in the balance, as the North Carolina government has pledged to use eminent domain to evict multiple homeowners, businesses, and a church.
