The Biden administration says VinFast's announcement is the latest effort to build a clean energy economy.
The plant will be built at the Triangle Innovation Point in Chatham County, North Carolina, on an approximately 2,000-acre plot. Once up and running, VinFast says the manufacturing plant will produce more than 250,000 vehicles per year.
Construction for the factory is expected to start in July 2024, North Carolina Governor Roy Cooper said.Cooper said in a statement
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