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The Nexus
BUSINESSMay 21 · 23:50 UTCBLOOMBERGJohn Boudreau

North Carolina Sues VinFast Over Delayed, Downsized Factory Plan

North Carolina has sued VinFast over the Vietnamese electric vehicle maker's delayed and downsized factory plans. VinFast is simultaneously expanding operations with a $500 million investment in a new India factory to enter South Asian, Middle Eastern, and African markets. The company's India facility is expected to be crucial for accessing the world's third-largest car market.

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