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VinFast will build its first North American plant in Chatham County southwest of Raleigh, with production expected to start in 2024. It expects to employ 7,500 by 2027 with average salaries of $51,000, according to the state Commerce Department.
Vietnamese auto manufacturer VinFast on Tuesday announced that it would build a US$2 billion electric vehicle (EV) factory in the US state of North Carolina amid its push to enter the competitive global market for EVs. US President Joe Biden cheered the announcement of the 800-hectare factory in Chatham County that would also make electric buses and EV batteries, calling it “the latest example of my economic strategy at work.” “Our efforts to build a clean energy economy are driving companies to make more in America, rebuild our supply chains here at home, and ultimately bring down costs...
A Vietnamese automaker announced plans to build a plant in North Carolina to manufacture electric vehicles, promising to bring 7,500 jobs.
RALEIGH, N.C. -- A Vietnamese automaker announced plans Tuesday to build a plant in North Carolina to manufacture electric vehicles, promising to bring 7,500 jobs and ending the state's streak of near-misses for landing carmakers.
The state's first auto plant is expected to bring 7,500 jobs.