An unproven Vietnamese electric vehicle manufacturer’s billion-dollar deal championed by then-Gov. Roy Cooper (D-NC) has crumbled in central North Carolina.
The deal struck in 2022 by Cooper saw the state commit $1.2 billion of taxpayer money to VinFast, a Vietnamese-based electric vehicle (EV) manufacturer, as the two-term governor sought to implement Green New Deal policies in his last term in office. Cooper is now running for U.S. Senate against Republican nominee Michael Whatley.
At a scheduled monthly meeting on July 27, Chatham County commissioners terminated their end of the agreement, saying the company failed to meet performance…
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