North Carolina
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.
“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.”
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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 Founded in 2017, it originally made gas-powered cars with help from General Motors and BMW before pivoting to EVs.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.
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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.
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.”
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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
North Carolina
North Carolina couple accused of causing vulture invasion sued by furious town: ‘Not good neighbors’
A North Carolina couple accused of luring hordes of vultures to their home and unleashing chaos on neighbors for years is being hauled to court by fed-up town officials desperate to end the feathered frenzy.
The Town of Hillsborough slapped residents Kenneth and Linda Ostrand with a civil petition, seeking a court order to shut down their relentless bird-feeding habit, blamed for allegedly drawing dozens of winged scavengers to their home and terrorizing their small town for the past two years.
“They’re a little spooky to be frank,” concerned neighbor Holden Richards told WTVD.
“Everybody thinks they’re ugly and stuff but they’re not good neighbors. They have sharp talons, so they’re not great animals to have perching on your house. I watched them pick tiles off my neighbor’s roof and I found tiles from my roof in my front yard, so I have a feeling that’s exactly where they came from.”
The bird-brained couple is accused of leaving out food scraps for vultures, allegedly reeling in the feathered predators that have swarmed and roosted near their house, leaving foul-smelling droppings on neighbors’ homes and vehicles and causing widespread property damage deemed a risk to public safety.
The complaint, filed in March, also claims the twisted pair named the birds of prey – with eerie photos submitted to the court showing dozens of vultures circling their Queens Street home, the outlet reported.
“I’m pretty sure that every one of my neighbors has probably called,” Richards said, pointing to a flood of complaints made to town officials since May 2024.
The Ostrands reportedly filed a motion to dismiss the town’s case last month, denying the accusations.
Linda Ostrand, a longtime wildlife rescuer, told WTVD she is being unfairly targeted by her community and claimed the circling creatures were already an issue before she moved into the neighborhood.
“It’s sort of, it’s ridiculous, is what it is,” Linda said, noting the town changed an ordinance after the initial wave of complaints to ban wildlife feeding beyond standard feeders.
“If people didn’t have vultures around here you would hear them screaming bloody murder about the town not cleaning up the animals that have been hit by cars, because that’s what they do, they are nature’s garbage disposal,” she continued.
“I don’t know what I’m supposed to do, tell the vultures that this is a no-feed zone. I just don’t know.”
No court date has reportedly been scheduled for the couple’s fight with the town.
North Carolina
Businesses worry of potential impacts as Marion tightens water restrictions amid drought
MARION, N.C. (WLOS) — The City of Marion is tightening water restrictions as drought conditions persist across western North Carolina, prompting local businesses to prepare for possible impacts on daily operations.
The drought monitor released on Thursday, May 14, shows that extreme drought now covers 90% of western North Carolina.
ASHEVILLE IS MORE THAN 7 INCHES BELOW AVERAGE RAINFALL THIS YEAR, DATA SHOWS
As the region continues moving into a hotter and drier pattern, the City of Marion officials announced Stage Two water shortage restrictions less than a month after issuing a Stage One Water Advisory.
Businesses in Marion said the quick escalation is raising concerns about what could come next if drought conditions persist.
“They put us in stage one at the end of April and already it’s not through, it’s not the end of May and they’re already putting us in stage two,” said Barbara Brown, owner of Bruce’s.
Under the Stage Two restrictions, watering lawns, gardens and golf courses will be prohibited. Washing cars, filling residential swimming pools and serving water in restaurants except upon request will not be allowed.
Brown said her restaurant is already taking steps to conserve water.
“We check the bathrooms often to make sure people have turned the water off because we have found from time to time, people leave them running,” she added.
She said she worries stronger restrictions could eventually force businesses to make bigger operational changes.
“I’m concerned that eventually we might have to go to paper plates, paper cups, silverware,” Brown said.
Other businesses are also considering adjustments.
Kat Garner, a tattoo artist at Blue Ridge Tattoo, said water shortages could affect how the shop operates day to day.
LEADERS URGE WATER CONSERVATION AS DROUGHT DEEPENS ACROSS WESTERN NORTH CAROLINA
“We would definitely be reduced to using distilled water for everything, which would become harder if everyone’s buying it out, so that would definitely make things a little bit more difficult,” Garner said.
The Stage Two water restrictions are set to begin Friday, May 15, at 8 a.m. and will last until further notice.
North Carolina
Police: North Carolina man charged after high-speed chase in Erie County, arrested in the Town of Perry
PERRY, N.Y. — A North Carolina man is in custody after a chase that started in Erie County and ended with an arrest in Perry.
Wyoming County Sheriff’s deputies say Ericson Vasquez-Moran, 22, rammed a Border Patrol vehicle in Erie County around 11:30 p.m. Tuesday before taking off. The suspect was spotted in Warsaw on Route 20A, but a chase was called off due to high speeds.
Then around 2:30 a.m. Wednesday, deputies say Vasquez-Moran called 911 from Perry to surrender.
He’s charged with speeding, failure to keep right, unlawful fleeing a police officer, reckless driving, and reckless endangerment in the second degree.
Vasquez-Moran was given an appearance ticket for the Village of Warsaw Court and was released to the custody of the United States Border Patrol.
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