A date has been set for North Carolina’s first car manufacturing plant to officially break ground.
On July 28, VinFast will launch formal construction of its planned $4 billion electric vehicle production and assembly plant, near the Chatham County town of Moncure, about 30 miles southwest of Raleigh. A relatively new automaker, VinFast anticipates the plant will initially produce 150,000 vehicles a year, with a target opening in 2025.