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VinFast Delays North Carolina EV Plant To 2028 Over 'Economic Headwinds' And Not Any Other Reasons

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VinFast Delays North Carolina EV Plant To 2028 Over 'Economic Headwinds' And Not Any Other Reasons


It was supposed to be “the crown jewel of VinFast’s global expansion.” Now, the Vietnamese auto startup’s $4 billion electric vehicle factory near Raleigh, North Carolina will not open until 2028, despite originally slated to be operating this month. The automaker blames “economic headwinds” and uncertainty in “the global EV landscape,” but as with most things VinFast, there’s more to the story than that. 

On Friday evening, VinFast announced that it has “made the strategic decision to adjust the timeline for the launch of its North Carolina manufacturing facility,” pushing that target date back a full four years. Construction is currently on hold at the plant, which was said to one day build the three-row VinFast VF9 and five-seat VinFast VF8 electric SUVs. 

VinFast is an ambitious but troubled EV startup

Vietnam is new to the world of making cars and VinFast represents its highest ambitions. However, critics say it may have attempted to expand globally too quickly without products that were truly competitive, and the company has been accused of various financial improprieties as well. 

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“We have adopted a more prudent outlook that is carefully calibrated to near-term headwinds, taking into full consideration the realities of market volatility and potential challenges,” Madam Thuy Le, Chairwoman of VinFast’s Board of Directors, said in a news release. “Our robust long-term strategy and proven execution capabilities position us well to meet the evolving needs of the dynamic global EV market.”

While it’s certainly true that the global EV transition is more complex, costly and difficult than most automakers and governments had anticipated, and demand is proving to be uneven worldwide, VinFast has faced more headaches than mere economic uncertainty. The automaker has faced a slew of negative early reviews, allegations of impropriety in its home country, an investor lawsuit in the U.S. and serious quality issues as it seeks to be a major player in the space. 

VinFast emerged almost out of nowhere in recent years as the automotive arm of Vingroup, one of Vietnam’s largest privately owned companies and a conglomerate with interests in smartphones, hospitals, hotels, retail and more. Founded in 2017, it originally made gas-powered cars with help from General Motors and BMW before pivoting to EVs. It has since attempted a rapid global expansion and is deploying a lineup of electric cars at a record-setting place. 

Key to those ambitions is the U.S. market, which necessitated American production. The North Carolina factory was originally set to be a 995,500-square-foot facility aimed at bringing 7,500 jobs to the region in service of building 150,000 EVs per year. For such an ambitious plan, it was awarded some $1.2 billion in state and county incentives over the next few decades.

However, as the Carolina Journal noted in a report this spring, construction had been paused at the site after VinFast submitted a new plan to Chatham County’s government in December indicating the site would be considerably smaller. This change of plans led the county to review the permit request. “No construction is being done until this permit revision is issued,” a county official said at the time. 

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Meanwhile, VinFast’s sole offering currently for sale in the U.S., the VF8, has received unprecedentedly scathing reviews for a modern car. Critics dinged its ride quality, user experience, handling and price tag; InsideEVs’ first drive test was merely headlined “Yikes.” The company has since relied mostly on influencer and social media marketing to reach American buyers. Globally, it still claims to have delivered 12,058 vehicles in the second quarter of this year alone and is on target to more than double last year’s sales to 80,000. 

But that claim comes with some caveats. VinFast has been accused of “selling” most of its cars to a taxi service owned by Vingroup. And as InsideEVs reported earlier this year, some critics of the automaker in Vietnam have faced detention from the police, under a law that punishes those who “infringe upon the interests of the state, organizations, and individuals.” 

Still, VinFast continues to debut new models, including the electric $9,000 VF3 city car that first appeared at CES. The company is either beginning sales or starting its expansion into Thailand, the Philippines, Europe and the Middle East. But it’s looking more and more like perhaps VinFast should’ve led with that vehicle and those markets before seeking to take the U.S. by storm. 

That’s going to be years away now, if it ever happens at all, especially since current U.S. rules prioritize incentives for EVs built in North America. Meanwhile, the taxpayers of North Carolina—who were also promised thousands of new manufacturing jobs—are the ones left in the lurch. As the Carolina Journal notes, the state’s Transformative Job Development and Investment Grant “has had a terrible track record” with most incentive recipients pulling out of their agreements with the state. 

Contact the author: patrick.george@insideevs.com

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Former staffer claims sexual harassment in ethics complaint against NC insurance commissioner

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Former staffer claims sexual harassment in ethics complaint against NC insurance commissioner


A Forsyth County woman has filed an ethics complaint against North Carolina Insurance Commissioner Mike Causey, alleging that the official sent her what she called inappropriate text messages for years while she worked in the Department of Insurance. 

Causey, meanwhile, says he would welcome an investigation into the allegations, telling WRAL News in an interview this week: “The truth will come out.”

Former regulatory analyst April Taylor filed the complaint last week with the State Ethics Commission. The DOI said Wednesday it has received a copy of the complaint.

Taylor is alleging sexual harassment. She also claims Causey campaigned on state time and misused a state vehicle.  

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Taylor alleged last month that Causey sent her a series of inappropriate text messages during her nine years at the department. She made the allegations in an article published by The News & Observer. 

On Wednesday, Taylor shared images of the text messages with WRAL. She characterized her relationship with Causey as “friendly,” citing family ties dating back before she worked there. But the messages reflect a more complicated dynamic. 

“Just don’t let me catch you in the room alone,” reads one message. 

“I might jump your bones. Watch out!!!” reads another. 

The messages made her uncomfortable, she told WRAL News, adding: “At the time, I didn’t know how to respond.” 

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Taylor told state investigators that she has many more text messages and screenshots to prove Causey was campaigning on state time while at a department office in Archdale. She also said Causey used a state vehicle for personal use, including to attend her great-aunt’s wedding in 2025. 

“Although Causey and I had a friendship,” Taylor said in her filing, “he crossed the line many times, leaving me feeling uncomfortable and violated.”

She said she first attempted to raise the concerns 

  unrelated to the text messages 

– about Causey to the Office of the State Auditor, related to his official capacity as the state’s Insurance Commissioner. She alleged that the auditor’s office expressed little interest in investigating. A spokesperson for State Auditor Dave Boliek challenged her narrative, saying her complaint “draws incorrect conclusions.” 

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In her complaint, Taylor said: “I am willing to take a polygraph exam and testify before legislatures. Evidence will be furnished upon request.”

In her role as an analyst at the department, Taylor’s job led to frequent communication with Causey. 

Taylor, who resides between Greensboro and Winston-Salem, allowed WRAL to read through text messages exchanged with Causey over the years. 

Much of the communication observed appeared friendly or work-related. But Taylor says some texts went too far – particularly those that commented on her appearance.

WRAL asked Causey about Taylor’s allegations. He declined to comment, saying it was a personnel matter. He added that he was open to an investigation into the initial allegations. 

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“We want to make sure everything is clear and transparent,” Causey said, “because we certainly have nothing to hide to the public, to the lawmakers, or to any of my fellow elected officials.”

Causey acknowledged to the N&O that he sent work-related texts to Taylor. But he told the newspaper that he didn’t recall sending comments related to her appearance. Taylor disputes that. 

“Throughout the years, I thought they were inappropriate,” Taylor said. “I felt uncomfortable. I responded with laughing emojis because I didn’t know how to respond. What am I supposed to do, respond with mad faces? He may look at it as a form of rejection.”

Taylor said she was in an appointed position. “He could have let me go for any reason,” she said. 

Asked why she didn’t push back against the messages, Taylor said: “I just didn’t want to make the situation uncomfortable. Just wanted to laugh it off.”  

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Several messages sent by Taylor to Causey were flattering in nature, including heart and smiling emojis, as well as references to Causey as a “handsome” man. “I felt the laughing emoji was my way of trying to shut it down,” she said. 

A spokesperson for the department declined to comment on the allegations.

“Commissioner Causey and NCDOI will fully comply with any requests by the N.C. State Ethics Commission regarding this or any other matter,” Barry Smith a DOI spokesman, said in a statement.



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‘Bonsai in the Blue Ridge’ exhibit brings dozens of displays to North Carolina Arboretum

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‘Bonsai in the Blue Ridge’ exhibit brings dozens of displays to North Carolina Arboretum


The North Carolina Arboretum will host a bonanza of bonsai this week with “Bonsai in the Blue Ridge,” a limited-time exhibition of more than 50 living sculptures as part of the American Bonsai Society’s Learning Seminar 2026.

Between June 4-7, arboretum visitors can explore the exhibits for a $5 admission fee, along with the arboretum’s regular parking fee. A press release from the arboretum said there will also be opportunities to register for seminars, workshops and tours led by bonsai artists for an additional cost.

GROWING YOUR GARDEN? PLENTY OF PLANTS FOR PURCHASE AT THE ARBORETUM’S SPRING SALE

“The American Bonsai Society brings together people who share a passion for bonsai. Through world-class publications and events such as the Learning Seminars, ABS promotes and educates, sharing techniques that showcase North American artistic expression and encouraging the use of plant species that grow well in the United States, Canada, and Mexico,” ABS Convention Chair Scott Barboza said in a written statement.

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FILE IMAGE of a bonsai plant that is part of the North Carolina Arboretum’s Bonsai Exhibition Garden. (Photo: North Carolina Arboretum)

Bonsai is the ancient art of shaping trees over time to create miniature living sculptures. The North Carolina Arboretum is no stranger to the art, having established the Bonsai Exhibition Garden in 2005, which showcases up to 50 specimens of traditional Asian bonsai subjects, tropical plants, American species and plants native to the Blue Ridge region.

IKEBANA INTERNATIONAL ASHEVILLE STAGES FLORAL DESIGN EXHIBITION AT NC ARBORETUM

“Bonsai in the Blue Ridge” takes place 5 to 7 p.m. Thursday, June 4, 9 a.m. to 5 p.m. Friday and Saturday, June 5 and 6, and 9 a.m. to noon Sunday, June 7.

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See a full schedule of events for this week’s seminar at americanbonsaisociety.org.



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Greenville Police Department Join Effort Promoting Safe Firearm Storage

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Greenville Police Department Join Effort Promoting Safe Firearm Storage


The Greenville Police Department joined community leaders in Pitt County this week to promote safe firearm storage as part of North Carolina’s annual NC S.A.F.E. Week of Action, the Greenville Police Department said.

In a statement, the Greenville Police Department thanked NC S.A.F.E. and the North Carolina Department of Public Safety for the opportunity to help educate residents about responsible firearm storage practices.

We want to thank NC S.A.F.E. and the North Carolina Department of Public Safety for allowing us to help relay to the community the importance of safely securing firearms so that we can avoid tragedies in the future!

The local event follows Gov. Josh Stein’s proclamation recognizing June 1-7 as NC S.A.F.E. Week of Action.

According to Gov. Stein’s office, the campaign aims to encourage gun owners to securely store firearms and make safety resources more widely available across North Carolina.

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An unlocked gun is a tragedy waiting to happen, and too often, it does,” said Governor Josh Stein. “NC S.A.F.E Week is a reminder to all of us about the measures we can all take to keep ourselves and the people we love safe.

Safe firearm storage is one of the simplest steps we can take to prevent tragedies before they happen,” said North Carolina Department of Public Safety Deputy Secretary William Lassiter Lassiter. “NC S.A.F.E. is increasing awareness around secure firearm storage and making safety resources more accessible to help reduce preventable injuries and build safer communities throughout our state.



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