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Last Friday, the Vietnamese car manufacturer held the groundbreaking ceremony of its electric vehicle factory in Chatham County, North Carolina, its first car plant in the US. It should produce 150 000 cars annually in phase 1 and employ some 7 500 workers by 2025.The planned $4 billion investment was reeled in by North Carolina using the carrot-and-stick method. VinFast was awarded a $1.2 billion incentive package from the State of North Carolina for this project and critical financial support from the City of Sanford, Chatham County, and the Golden Leaf Foundation.This content has been archived. Log in or Subscribe…<\/p>\n","category_list_v2":"Industry<\/a>, Top Stories Today<\/a>","author_info_v2":{"name":"Joris Van Roy","url":"https:\/\/newmobility.news\/en\/author\/jorisximcom-be\/"},"comments_num_v2":"0 comments","yoast_head":"\nVietnamese VinFast starts construction of its first US factory - newmobility.news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newmobility.news\/en\/2023\/07\/31\/vietnamese-vinfast-starts-construction-of-its-first-us-factory\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vietnamese VinFast starts construction of its first US factory - newmobility.news\" \/>\n<meta property=\"og:description\" content=\"Last Friday, the Vietnamese car manufacturer held the groundbreaking ceremony of its electric vehicle factory in Chatham County, North Carolina, its first car plant in the US. 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