VinFast breaks ground in Moncure


MONCURE — VinFast's plan to build an electric vehicle factory in Chatham County took the first steps towards completion as state officials and company leaders celebrated with a toss of dirt under a sunny sky Friday morning.

Company leaders, flanked by Gov. Roy Cooper and a host of state economic development officials, celebrated the latest marker in their years-long quest to build an expansive manufacturing operation in the heart of North Carolina.

“The manufacturing facility in North Carolina is one of VinFast's key projects. When it begins operations, the factory will be VinFast's primary supplier of electric vehicles to the North American market, allowing us to optimize production and business activities. We hope the construction of the factory in Chatham County will contribute to advancing the clean energy economy in the US and help to support North Carolina’s green mobility strategy,” VinFast Auto CEO Madam Le Thi Thu said of the groundbreaking.

Expected to open in 2025, the facility has been closely-watched given its status as the largest economic development project in state history.

Full coverage of the groundbreaking will appear in next week's Chatham News & Record.