# VinFast breaks ground on $2B EV plant in North Carolina

VinFast broke ground on its electric vehicle manufacturing facility in Chatham County, North Carolina, with a Phase 1 total investment of up to $2 billion. The plant will have an initial capacity of 150,000 vehicles per year, producing VF 7, VF 8 and VF 9 models.

- Type: New facility
- Announced: 2023-07-28
- Where: Chatham County, North Carolina, United States
- Value: $2.00B
- Status: under construction
- Capacity: 150,000 vehicles per year
- Products: electric vehicles (VF 7, VF 8, VF 9)
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [VinFast](https://endata.com/companies/9175.md)

## Sources

- [vingroup.net](https://www.vingroup.net/en/news/detail/2852/vinfast-khoi-cong-nha-may-san-xuat-xe-dien-tai-bac-carolina), 2023-07-29: "The plant, which has a Phase 1 total investment of up to $2 billion USD, spans an area of approximately 1,800 acres and is divided into five main production areas."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.