That will be the excuse when they dont move in or make any chips. Big ass metal bldg rusting on the side of the road. I hope I am wrong but then again I use that road and there is already too much traffic. What ever happened to 3C in Alamance Co?Meanwhile Wolfspeed tok a big hit from expenses associated with the new facility under construction and EV chip sales.
Site work is still going on, sewer lines going in when I went by this week.Losses deepen at VinFast; will it have cash needed to build Chatham plant? | WRAL TechWire
Losses continue to grow at Vinfast but electric vehicle sales and revenues have increased, the Vietnam-based company says. In a new financial update, the company also says more cash is coming from owner Phạm Nhật Vượng and "key investors" as it pours money into its multi-billion dollar Chatham...wraltechwire.com
As I have been thru this before with Toyota, I'm guessing Vinfast will never make a car at Chatham plant and Toyata will never make a battery at the "mega (thud) site". Some other company may make batteries there but Toyota wont. Hearing but have no articles to quote that EV inventories are rising as sales are flagging.
I'd actually love an EV, but they are wayyyy out of my price range.EVs are running out of customers — and some dealers don't want them anymore
EVs from brands like Ford and Hyundai are piling up on dealer lots. Some dealers are saying enough is enough.www.businessinsider.com