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President Joe Biden personally announced that VinFast poured 4 billion USD to build an electric car factory in the US

On March 29, the official website of the White House announced that VinFast will build an electric car and battery factory in North Carolina (USA) worth $ 4 billion. The factory will create more than 7,000 jobs, along with hundreds of thousands of electric cars and batteries.

“This is the latest example of our economic strategy working,” according to the White House website. Along with information about VinFast, major manufacturers such as GM, Ford, and Siemens are also making efforts to invest back in the US and create jobs. The efforts of President Joe Biden’s government in building a clean energy economy and rebuilding supply chains in the United States are geared toward reducing costs for the American people.

President Joe Biden personally announced that VinFast poured $4 billion to build an electric car factory in the US - Photo 1.

President Joe Biden mentioned VinFast on Twitter. Screenshots.

Since taking office, the administration of President Joe Biden has taken steps to revitalize domestic manufacturing, create good-paying jobs for Americans, strengthen America’s supply chains, and promote propel future industries such as electric vehicles. At the end of 2021, he signed the infrastructure bill to build electric vehicle charging infrastructure, and gathered the American Auto Workers Union and automakers at the White House to sign an executive order to achieve 50% market share of electric cars by 2030.

Not only announcing on the White House website, President Joe Biden also posted a status line about VinFast on Twitter. Journalist Steve Daniels called the news “big news for the North Carolina economy”, and said that VinFast’s factory is expected to have an economic impact of $71.6 billion over 30 years.

President Joe Biden personally announced that VinFast poured $4 billion to build an electric car factory in the US - Photo 2.

VinFast and the North Carolina state government (USA) signed a memorandum of understanding on the construction of VinFast’s first manufacturing plant in the North American market on March 29.

VinFast’s factory will be located at Triangle Innovation Point industrial park, Chatham County with an area of ​​about 800 hectares and includes 3 main areas: production and assembly area for electric cars and electric buses; battery production area for electric vehicle products and ancillary industry area for suppliers.

Phase 1 of the plant will start construction right in 2022 after receiving the construction permit and is expected to be operational in July 2024. The capacity of phase 1 is expected to be 150,000 vehicles/year. According to the memorandum of understanding, VinFast will continue to invest in the factory in various phases. The first models produced at the factory include the VF 9 – a 7-seat large SUV and the VF 8 – a 5-seat mid-size SUV.

President Joe Biden personally announced that VinFast poured $4 billion to build an electric car factory in the US - Photo 3.

https://autopro.com.vn/vinfast-xay-nha-may-o-to-dien-tai-my-tri-gia-4-ty-usd-duoc-tong-thong-joe-biden-thong- bao-tren-twitter-20220330074440535.chn

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