Vietnamese Electric Vehicle Maker Building Plant in Chatham County, North Carolina

30 Mar 2022 | Abstracted from CBS 17

"In the largest economic development deal in North Carolina history, Vietnamese electric vehicle maker VinFast will invest more than $4 billion in North Carolina as it builds a plant in Chatham County that will bring an estimated 7,500 jobs. The average wage for a worker at the plant will be $51,000. VinFast, a startup that began in 2017, is investing a little more than $4 billion by 2026 in the plant while planning to begin construction on the plant this year and aiming to begin production in July 2024."

ADDITIONAL RELATED NEWS LINKS

• How Capitalism Beat Communism in Vietnam


• A Cute, Sub-$20,000 SUV Can Be The Gateway For Cheap EVs In America


• 70 US Dealers Apply To Sell VinFast Electric Vehicles


• Vinfast Wants To Sell The Cheapest EV In America At Under $20,000


• Critics Agree: The VinFast VF8 Is Very, Very Bad


• China Is Losing Its Place As the Center of the World's Supply Chains. Here Are 5 Places Supply Chains Are Going Instead.


• VinFast Exports the First Batch of Electric Vehicles to US Customers


• Vietnamese Tesla Challenger VinFast Begins Domestic Deliveries Of SUV; US Sales Will Reportedly Start In December


• Vietnam's Richest Man Is Launching an Ambitious - and Controversial - Gambit to Sell Americans Electric Cars


• No Petrol, No Cars, No Problem : Cubans Turn to Electric Transport