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VinFast Plant, One of North Carolina's Largest Projects, Delayed Until 2028

Vietnamese Automaker's $4 Billion Facility Becomes Second Major State Project To Hit Setback
A rendering of VinFast’s North Carolina automobile production facility. (VinFast)
A rendering of VinFast’s North Carolina automobile production facility. (VinFast)
CoStar Analytics
July 16, 2024 | 7:18 P.M.

Vietnamese electric vehicle manufacturer VinFast is delaying the completion of its North Carolina manufacturing plant until 2028, the second setback for one of the largest economic development projects in state history and one that pushes the timeline back roughly four years from its initial proposed production date.

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