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:

“VinFast to build EV factory in North Carolina”, VinFast, 28 Mar 2022. 🔗

“VinFast receives $1.2 billion in incentives for US manufacturing hub in North Carolina”, VinFast, 13 Jul 2022. 🔗

“VinFast delays US electric vehicle plant operation to 2025”, Reuters, Reuters, 10 Mar 2023. 🔗

“VinFast’s Bumpy Road in North Carolina”, Cato Institute, 20 Mar 2024. 🔗

“EV maker VinFast slashes full-year sales target by 20% as U.S. factory is delayed”, Nguyen Kieu Giang, Fortune, 13 Jul 2024. 🔗

“VinFast pushes its NC plant opening to 2028, four years later than first planned”, Brian Gordon, AOL.com, 13 Jul 2024. 🔗

Tracked Expansions, Acquisitions, or Related Sites:

We currently have no related projects tracked for this site.