VinFast delays US electric vehicle plant operation to 2025

Vietnam's automaker VinFast on Friday said it will push back its plan to start operations of its electric vehicles factory in the United States until 2025, citing a procedural delay. The unit of conglomerate Vingroup JSC flagged the plan to build a USD 4 billion EV factory in North Carolina's Chatham County on 712 hectares (1759 acres) of land in March last year, with commissioning targeted for July 2024.

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