Tag: VinFast Auto

North Carolina’s Billion-Dollar Bet on an EV Outsider
World

North Carolina’s Billion-Dollar Bet on an EV Outsider

Updated Dec. 11, 2023 12:13 am ETHAIPHONG, Vietnam—When electric-car startup VinFast Auto was looking to build a factory in the U.S., one state caught its attention in particular: North Carolina. For years, officials there had been trying to get an automobile manufacturer to set up shop in rural Chatham County. More than a billion dollars of incentives got them the Vietnamese upstart with huge ambitions but a limited record.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8