Recipient of largest state subsidy posts $623M loss, most in three years

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Recipient of largest state subsidy posts $623M loss, most in three years

(The Center Square) – A new VinFast earnings report shows the electric car company slated to receive the largest taxpayer subsidy in North Carolina history lost $623 million this summer, with net losses now eclipsing $5 billion since 2021. The earnings report released Thursday shows VinFast’s revenue swelled 3.8% from the second quarter to $342.7 […]

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