Pittsboro, NC – On October 16, 2023, the Chatham County Board of Commissioners approved and adopted the Plan Moncure Small Area Plan by a 4 to 1 vote. The Plan Moncure Small Area Plan has been a priority project of…
By Theresa Opeka Raleigh, NC – More troubling news for VinFast, the Vietnamese electric vehicle maker that wants to build a $4 billion EV production plant in Chatham County. The company recently reported that it lost $598 million, or 49%, in the…
By Theresa Opeka Chatham County, NC – If the bad reviews weren’t enough, now comes word of VinFast’s recall of all 999 VF8 2023 vehicles sent to the U.S. due to safety concerns. The Vietnamese-based electric vehicle maker was awarded an incentive…
By Theresa Opeka Raleigh, NC – A Vietnamese electric vehicle maker with plans to build a production plant in Chatham County may be in trouble after announcing it is cutting 80 jobs in the U.S., including its chief financial officer,…
By Theresa Opeka Raleigh, NC – A Vietnamese automaker has announced plans to build a $4 billion electric-vehicle assembly and battery-manufacturing plant at Triangle Innovation Point in Moncure, about 30 miles west of the Triangle. To attract the newly formed…
Raleigh, NC – The North Carolina Railroad Company (NCRR) is one of several partners named in the recent announcement that Vietnam-based VinFast, a private automotive manufacturer, will construct its first U.S. based electric vehicle (EV) assembly and battery manufacturing facility…