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North Carolina\u2019s first electric vehicle plant broke ground amid the <\/span><\/span><\/span><\/span><\/span><\/span>push to onshore manufacturing facilities<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a> in the United States.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n Clayco, a Chicago-based construction firm, kicked off phase one of a $4 billion EV manufacturing campus last week near Raleigh, North Carolina, according to a <\/span><\/span><\/span><\/span><\/span><\/span>company press release<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a>.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n \u201cClayco is breaking ground on the nation\u2019s first VinFast electric vehicle manufacturing campus,\u201d said Anthony Johnson, president of Clayco\u2019s industrial business unit. \u201cThis is a transformative project for the Raleigh-Durham economy and a major win for American manufacturing.\u201d<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n Last summer the state awarded a <\/span><\/span><\/span><\/span><\/span><\/span>$1.2 billion incentive package<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a> to VinFast, a Vietnamese automotive company,\u00a0to build its first facility on American soil. The project also received critical financial support from the City of Sanford, Chatham County and the Golden Leaf Foundation, a North Carolina grant-making organization, according to the EV company.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n The 3-million-square-foot plant, which has a phase one total investment of up to $2 billion, spans an area of about 1,800 acres. The project consists of five main production areas, including a body shop, general assembly, press shop, paint shop and an energy center, according to VinFast.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n Phase one will focus on the construction of the manufacturing facilities for VinFast\u2019s VF 7, VF 8 and VF 9 electric cars, as well as additional support buildings, such as an office, training facility, a central energy plant, fire prevention, pump house facilities and a finished vehicle area. The supplier base for components and materials will be primarily concentrated in the U.S., Vietnam and a few other countries, according to VinFast.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n While the fast-growing Vietnamese auto company\u2019s imports don\u2019t currently qualify for a $7,500 federal EV rebate, those produced in its North Carolina factory might, <\/span><\/span><\/span><\/span><\/span><\/span>according to CNBC<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a>. That would help the upstart take on U.S.-based EV stalwart Tesla.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n Future expansion and updates for the factory will be identified in the next phase, according to the electric carmaker. Clayco expects the factory to start production in 2025, with a production capacity of 150,000 vehicles per year.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n The Vietnamese auto company has additional facilities in Canada, Germany, France and the Netherlands. The company announced last year a total investment of $4 billion to build out its EV battery plant in North Carolina, according to <\/span><\/span><\/span><\/span><\/span><\/span>North Carolina Gov. Roy Cooper<\/a>.<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<\/p><\/div>\n