Vietnam car maker VinFast selects North Carolina for EV production facility — report

The VinFast logo is displayed on a VF5 electric SUV during CES 2022 at the Las Vegas Convention Center in Las Vegas, Nevada, U.S. January 5, 2022. REUTERS/Steve Marcus

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March 29 (Reuters) — Vietnam’s VinFast has chosen the U.S. state of North Carolina to build a multi-billion-dollar production facility for its new line of electric vehicles, The News & Observer reported on Tuesday.

The automaker will build a manufacturing plant at Triangle Innovation Point, a 2,150-acre «megasite» in Moncure, according to the report.

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Reporting by Aishwarya Nair in Bengaluru

Our Standards: The Thomson Reuters Trust Principles.

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