VINFAST TO HOLD NORTH CAROLINA EV FACTORY GROUNDBREAKING CEREMONY JULY 28

Raleigh, North Carolina, July 19, 2023 – VinFast announced it will hold the groundbreaking ceremony of its electric vehicle factory in North Carolina on July 28. This will be the first electric vehicle manufacturing facility in North Carolina, and will help contribute to the supply of electric vehicles in North America and accelerate the global green mobility revolution. VinFast’s manufacturing facility will be built at the Triangle Innovation Point in Chatham County, North Carolina. Covering an area of approximately 1,800 acres, VinFast’s factory is designed to reach a capacity of 150,000 vehicles per year in phase 1. The factory will consist of two main areas: electric vehicle production and assembly. The complex will also house supplementary supplier businesses. The project has received basic permits to begin Phase 1 construction. When the manufacturing complex commences operations, VinFast’s factory will create an ecosystem of suppliers and help generate thousands of new jobs. Madam Le Thi Thu Thuy, CEO of VinFast Auto. said: “The manufacturing facility in North Carolina is one of VinFast’s key projects. When it begins operations, the factory will be VinFast’s primary supplier of electric vehicles to the North American market, allowing us to optimize production and business activities. We…