Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
The 7,500-job manufacturing plant is expected to begin construction this year, and VinFast projects the facility to start pumping out vehicles in July 2024.
The expedited development timeline will mean Chatham County will need to be ready for what will be one of the most significant economic development projects ever announced in the South.
"The county's already been preparing for this," said Karen Howard, chair of the Chatham County Board of Commissioners. "We were anticipating we would have something land at all of the megasites, and with that would come other industry and residential residences."
The manufacturing facility will transform Chatham County, which is today home to over 76,000 people. The community has for years been known as a hotbed for home developers, but lacked the industry heft of nearby Wake and Durham counties.
It's not just the 7,500 VinFast jobs that will impact Chatham County. Suppliers often locate close to an original equipment manufacturer (OEM) so as to cut down on logistics costs. According to research from the Economic Policy Institute – a nonprofit think tank out of Washington, D.C. – every 100 manufacturing jobs for products like automobiles support another 744 indirect jobs.
I'm sure there will be someone who comes up with a replacement battery pack that doesnt need a monthly payment.
I would think they'd be patented and proprietary. But you're probably (still) right.
Personally, I hate subscription type purchases, but they seem to be the way of the future. An annuity for the seller, and an ongoing expense for the consumer.
I would think they'd be patented and proprietary. But you're probably (still) right.
Personally, I hate subscription type purchases, but they seem to be the way of the future. An annuity for the seller, and an ongoing expense for the consumer.
The other companies let you pay for the battery up front, with $10,000 higher prices.
I sorta look at TCO rather than line items.
I wonder how Vinfast will measure up in TCO and resale values.
I was wondering how they intended to deal with transportation logistics being that far from an interstate.
It’s right off a freeway so no big issue. 540 tollway may make a lot of money off them tho. I have property in Moncure so hope they do well. I do think there may be some over saturation of e-cars coming.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
