North Carolina officials have initiated legal proceedings against Vietnamese electric vehicle manufacturer Vinfast, alleging the company has not honored its commitments to construct an electric vehicle and battery manufacturing facility within state borders, according to Attorney General Jeff Jackson.
The legal action, announced Thursday, claims that Vinfast has ceased all construction activities at the designated site for more than twelve months.
The Vietnamese automaker had previously received authorization to develop the manufacturing plant, with obligations to generate 7,500 employment opportunities and commit over $3 billion in investment to North Carolina, the attorney general’s office stated.
“Vinfast has defaulted on its agreements with the State, and Vinfast’s continued inaction all but guarantees imminent further default,” the statement declared.
Representatives from Vinfast did not provide an immediate response when contacted for comment by Reuters.
