Morehead City scrapped its Project Grander waterfront plan after public backlash over eminent domain; council unanimously halted it Jan. 13.
Stein touted future economic growth after record announcements of over 33,000 new positions and nearly $23 billion in overall project investments, in 2025.
A British whistleblower has been fired over his alleged claims that VinFast vehicles can fall apart while driving, causing serious injuries or death, as in the case of a family of four from California that were killed earlier this year. The state of North Carolina is spending hundreds of millions of dollars on the car maker's Chatham County manufacturing project.
While there appears to be another setback for VinFast after announcing Friday that they plan on delaying the opening of its $4 billion factory in Moncure, Chatham County, until 2028, a county official still has confidence that the project will come to fruition.
Plans to build VinFast’s proposed $4 billion electric vehicle factory in Moncure, Chatham County, remain on hold as the county awaits information on the contractors that will be working on the site.
Apple Inc. has suspended plans to build a $552 million corporate campus in Research Triangle Park.
VinFast is reportedly once again considering delaying the construction of its proposed $4 billion electric vehicle factory in Moncure, Chatham County.
In what might be called a case of whiplash, Vietnamese electric vehicle maker VinFast has once again changed plans for its $4 billion electric vehicle factory in Moncure, Chatham County.
Construction is on hold at VinFast’s proposed $4 billion electric vehicle factory in Moncure, Chatham County, after the electric vehicle maker revised its plans for a scaled-down version of the facility.
Coming on the heels of a second-quarter report that saw losses of $526.7 million, VinFast reported Thursday that it lost an additional $623 million for the third quarter of 2023. That brings total losses since 2021 for the Vietnamese electric vehicle maker to $5.1 billion.
Vinfast issued an earnings report for the second quarter of 2023 on Thursday, and the news is not good for the Vietnamese electric vehicle maker.
