Major EV Plant in the Carolinas Breaks Ground

August 2, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--In late July, Vietnamese automaker VinFast held a groundbreaking ceremony for a $2 billion electric vehicle (EV) and battery manufacturing plant in Moncure, North Carolina. North Carolina and its southern neighbor, South Carolina, account for $11 billion worth of EV-related projects being tracked by Industrial Info.