Andy Wells

WRAL reports ‘Losses deepen at VinFast; will it have cash needed to build Chatham plant?’

Raleigh politicians giving Vietnamese electric carmaker VinFast over $1 billion in corporate subsidies, taxpayers money – a mistake.

I opposed it. Dodging, my opponent, Mark Robinson still won’t take a stand.

Mark Robinson North Carolina Republican Party

Losses deepen at VinFast; will it have cash needed to build Chatham plant? | WRAL TechWire Losses continue to grow at Vinfast but electric vehicle sales and revenues have increased, the Vietnam-based company says. In a new financial update, the company also says more cash is coming from owner Phạm Nhật Vượng and "key investors" as it pours money into its multi-billion dollar Chatha...

Carolina Journal: Raleigh politicians are handing the Vietnamese electric carmaker, VinFast, over a billion dollars in corporate subsidies, taxpayers’ money. VinFast just lost $526 million, bringing its total losses to $4.5 billion since 2021. Are North Carolina taxpayers helping fund their losses?

VinFast continues to lose millions of dollars, Q2 report shows 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.

Carolina Journal: Raleigh politicians are handing the Vietnamese electric carmaker, VinFast, over a billion dollars in corporate subsidies, taxpayers’ money. VinFast just lost $526 million, bringing its total losses to $4.5 billion since 2021. Are North Carolina taxpayers helping fund their losses?

VinFast continues to lose millions of dollars, Q2 report shows 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.