INDIVIDUAL FACILITIES AND SELECTED SOURCES
Below is basic information about individual facilities in our database and selected sources we've drawn on to support the analysis. To navigate to other sites, use the search page.
VinFast Plant
Vinfast
Chatham County, NC, USA
-79.04138889, 35.66055556
The Big Green Machine Site ID: 34
Additional Information:
Sector: EVs
Activity: Manufacturing
Product: EVs
Project Announcement Date: 3/29/2022
Target for Starting Production: 2028
Announced Post Inflation Reduction Act: No
Target Annual Production: 150000 EVs
Current Annual Production: None EVs
Operating Status: Paused
Target Jobs: 7500
Capital Investment: $4000 million
Congressional District: Republican
Government Subsidies:
Local/State: $1300 million
Selected Sources:
#1: VinFast to build EV factory in North Carolina - vinfastauto.us
#2: VinFast to build EV factory in North Carolina - vinfastauto.us
#3: VinFast receives $1.2 billion in incentives for US manufacturing hub in North Carolina - vinfastauto.us
#4: VinFast delays US electric vehicle plant operation to 2025 - www.reuters.com
#5: Cato - www.cato.org
#6: Hastingstribune - www.hastingstribune.com
#7: EV maker VinFast slashes full-year sales target by 20% as U.S. factory is delayed - fortune.com
#8: VinFast pushes its NC plant opening to 2028, four years later than first planned - www.aol.com
Tracked Expansions and/or Acquisitions:
We currently have no related projects tracked for this site.