Vietnamese electric vehicle manufacturer VinFast considers further delaying its $4bn North Carolina factory due to consumer challenges.

VinFast, a Vietnamese electric vehicle manufacturer, is considering further delaying its $4bn factory in North Carolina due to challenges in appealing to American consumers. The factory was initially planned to be completed in July 2024 and has faced delays, with the operational launch now pushed back to 2025. VinFast, which sold fewer than 1,000 cars in North America last year, is currently conducting a thorough review and evaluation of the construction process for the North Carolina factory.

May 29, 2024
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