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Vietnam car maker begins build for North Carolina electric vehicle plant that will employ thousands

A Vietnamese company planning to build an electric vehicle plant in North Carolina that would employ 7,500 workers has reached a milestone

By AP News
Published - Jul 28, 2023, 03:39 PM ET
Last Updated - Aug 20, 2024, 04:17 AM EDT

MONCURE, N.C. (AP) — A Vietnamese company planning an electric vehicle plant in central North Carolina that would employ 7,500 workers met a milestone Friday as its top executive joined Gov. Roy Cooper and others for a ground-breaking ceremony.

VinFast announced last year that it would build its first manufacturing facility outside Vietnam in Chatham County, about 30 miles (48 kilometers) southwest of Raleigh.

The planned $4 billion investment also would create North Carolina’s first car manufacturing plant and North Carolina's largest-ever, state-backed economic development project as far as job creation, according to news outlets. North Carolina had missed out on car plants over the years to other Southeastern states.

(For) "decades we’ve wanted an automaker in North Carolina, and you know, somebody was looking after us. We were just waiting for that EV market,” Cooper said at Friday’s event.

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