Less than six months after debuting its first electric vehicles in the United States, Vietnamese EV manufacturer VinFast announced on Tuesday its plans to begin construction of an EV factory in Chatham County, North Carolina, starting next Friday.
The factory, spanning 1,800 acres, will initially have a production capacity of 150,000 vehicles per year, with operations expected to commence in 2025, according to the company’s statement. “When it begins operations, the factory will be VinFast’s primary supplier of electric vehicles to the North American market, allowing us to optimize production and business activities,” CEO Madam Le Thi Thu Thuy said.
