VinFast to Begin Construction of First US EV Factory on July 28

1 min read
Source: Electrek.co
VinFast to Begin Construction of First US EV Factory on July 28
Photo: Electrek.co
TL;DR Summary

Vietnamese EV automaker VinFast is set to break ground on its first EV production facility in North America in North Carolina next week. The facility, part of a $1.2 billion incentives package awarded by the state, will have an annual output of 150,000 vehicles and is expected to begin production in 2025. VinFast aims to optimize production and expand its presence in the North American market, contributing to the clean energy economy and supporting North Carolina's green mobility strategy.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

2 min

vs 3 min read

Condensed

86%

55679 words

Want the full story? Read the original article

Read on Electrek.co