Electric Automotive Manufacturer VinFast Plans $4B North American Assembly Plant Near Raleigh

URLhttps://rebusinessonline.com/electric-automotive-m
Sourcehttps://rebusinessonline.com
Date Published04/04/2022
Author Name Julia Sanders
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name VinFast
Parent companyVingroup JSC
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):7500
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):4000
Country(ies) from which reshored:Viet Nam
City reshored to:Raleigh
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredbattery
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