Construction paused at VinFast’s NC site

turkeydance

turkeydance

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quote:

Nearly nine months after VinFast broke ground
on its planned $4 billion electric vehicle factory in North Carolina,
construction at the Chatham County site has stalled
while local officials await updated building plans
from the Vietnamese carmaker.



finance.yahoo.com

Construction paused at VinFast’s NC site as carmaker seeks a smaller footprint

Little building progress is evident nearly nine months after the Vietnamese EV company broke ground in Chatham County.
finance.yahoo.com finance.yahoo.com
 
The EV market is “adjusting”. Musk and Tesla are having layoffs and stopping production of their truck. Ford has reigned in the Lightening and E-Stang. The market is seeing the actual economic and feasibility of EV’s after being heralded as the great clean hope.

The battery plant(s) are next … unless the manufacturers shift their design to possibly be compatible with home storage systems or such for smaller scale solar harvesting and storage.
 
Cape Fear said:
Ha. Who didn't see that coming?
Click to expand...
What’s not coming is a vehicle plant. The things have had horrible reviews, describing the ride as “nauseating” and the controls are non intuitive and doing things like turning on wipers requires wading through touch screen menus on a system that keeps crashing. They’re also severely over priced. It’s a model that can only work in a communist shithole.

All that is on top of demand for coal burning cars tanking.
 
rufrdr said:
Some plant will be built there now that the infrastructure is been put in place
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My family ran a bakery. They finally shut it down and rented the facility to a lady that started a coffee shop. The startup debt crushed her. She went bankrupt and another lady bought everything for pennies on the dollar and was able to make a successful go of it.
 
I drive by the site every week. The land is mostly cleared with construction trailer on site. Apparently they are paying for electricity as there is light but, there has been no change in 8 months.

The only reason I pay attention is it is one of the landmarks to find my ultimate destination.
 
Well, I'm no longer living there, boy howdy do I miss it.
There's ~40 acres available along the Haw river as of last week.
 
The way of the liberal dim, commie, etc. Promise the world, fool the fools long enough to fleece early adopters, get rich quick, then run like hell when the pitchforks come out of the barns.
Screw em all. The fools won’t allow nuclear energy, but will burn beaucoup oil to get Lithium?
Let em burn those plants to the ground.
 
I'm holding out for my Corvega Atomic V8. Lifetime fuel supply comes with the car, just have to top off the coolant!
 
So many companies as of late have backed out of building large complexes. The counties made deals on taxes, put in water, sewer, roads, power, etc… And who ultimately paid for it? The taxpayer of the county. Buying companies to building in counties has been a method for 25 years and I cannot see how it can continue. Providing support services, sure. Roads, not until the plant is complete. Tax deferment- not a dime on the project or land until obligations are met which includes proving hiring from the local population.
 
Amanda4461 said:
The way of the liberal dim, commie, etc. Promise the world, fool the fools long enough to fleece early adopters, get rich quick, then run like hell when the pitchforks come out of the barns.
Screw em all. The fools won’t allow nuclear energy, but will burn beaucoup oil to get Lithium?
Let em burn those plants to the ground.
Click to expand...

torches, torches, get your torches right here folks

best torches in the lowland
 
noway2 said:
What’s not coming is a vehicle plant. The things have had horrible reviews, describing the ride as “nauseating” and the controls are non intuitive and doing things like turning on wipers requires wading through touch screen menus on a system that keeps crashing. They’re also severely over priced. It’s a model that can only work in a communist shithole.

All that is on top of demand for coal burning cars tanking.
Click to expand...
Sounds like the Prancer from the “new” Vacation movie a few years ago.

IMG_2301.jpeg
 
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Funny, in my last state job I got scolded on a pretty regular basis for poo-pooing this project. Maybe one of the reasons I got let go was because they could never get a harumph out of this guy.
 
Windini said:
Is this news considered a current event?
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Yeah new plans is current news. There have been a couple different versions. From what I understand issue comes down to Vietnamese manufacturer has plans designed there then it it's an Americans desk who modifies it to meet NC building codes. The back and forth is taking forever. Wild stuff too down to the Vietnam executives not wanting to condition the building. I guess they don't do that in Vietnam....

They have been putting job trailers out and permitting that and moving earth. Few fake footings for press releases and were supposed to be digging actual footing(s) recently. An on site batch plant was put across the street from the location. Vin fast isn't pulling out yet.
 
Squanchy said:
Vin fast isn't pulling out yet.
Click to expand...
I’d think they would want to sell a serious number of cars in the US to prove demand before making this kind of commitment. They have to be seeing the demand for other electric cars waning rapidly and prices falling. Theirs are expensive junk by comparison, if the reviews are to be believed.
 
noway2 said:
I’d think they would want to sell a serious number of cars in the US to prove demand before making this kind of commitment. They have to be seeing the demand for other electric cars waning rapidly and prices falling. Theirs are expensive junk by comparison, if the reviews are to be believed.
Click to expand...
Building has been shrinking, as far as permitted square footage. So they are pulling out some I guess but no word on a legitimate exit yet.

Edit: But I agree going into a market with a new facility is a suicide mission. Hope it works for them NC could always use more stable jobs.
 
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JBoyette said:
Duke should put in a small single reactor power plant to supplement Cape Fear and Harris.
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Duke got approved for two more reactors at Harris. There is pad room for four at the site, I think.

Approval happened in 2008. In 2013 Duke cancelled plans to add the reactors. They still can, and I wish they would. But for now, it’s shuttered.

en.m.wikipedia.org

Shearon Harris Nuclear Power Plant - Wikipedia

en.m.wikipedia.org en.m.wikipedia.org
 
Me. said:
Duke got approved for two more reactors at Harris. There is pad room for four at the site, I think.

Approval happened in 2008. In 2013 Duke cancelled plans to add the reactors. They still can, and I wish they would. But for now, it’s shuttered.
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I would really like to see someone build a plant around one of the two approved small modular reactor systems, such as Nu Scale. It would be even better if they implemented them using thorium, which is supposedly plentiful in the US and while the reactors themselves are designed to not be able to meltdown, thorium is supposed to be a lot safer in that regard as well and doesn't have the waste half life issues that uranium does. If my quick glance at the wiki pages is correct, it also works as a breeder fuel that can then be used in lighter duty reactors.
 
noway2 said:
I would really like to see someone build a plant around one of the two approved small modular reactor systems, such as Nu Scale.
Click to expand...
The really BIG deal about these things is: you put them at sites IN the distribution network.

In other words, you don't have the losses and capacity limitation of the high tension lines to deal with.

chintglobal.com

How Much Power Loss in Transmission Lines | CHINT Blog

The transmission of energy cause energy loss. So, calculating the energy lost at each stage helps in setting up preventive and effective preservative measures.
chintglobal.com chintglobal.com
clouglobal.com

Power in High Voltage Lines: Lost in Transmission

Loss often result from limitations on the capacity of transformers, switches, or high-voltage lines, which are unable to handle additional load.
clouglobal.com clouglobal.com

The amount of power wasted through losses in the grid itself in the US is almost equal to the total amount of power generated by ALL nuclear plants combined.
Generate the power closer to the loads, and you get a free 8+% bonus of lower losses, thank you Georg Ohm and Charles Steinmetz!

As an aside, Vogtle 4 first joined the grid six weeks ago, and two weeks ago had the first run-up to 100% reactor load.
No major media covered any of it.
 
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BlackGun said:
So many companies as of late have backed out of building large complexes. The counties made deals on taxes, put in water, sewer, roads, power, etc… And who ultimately paid for it? The taxpayer of the county. Buying companies to building in counties has been a method for 25 years and I cannot see how it can continue. Providing support services, sure. Roads, not until the plant is complete. Tax deferment- not a dime on the project or land until obligations are met which includes proving hiring from the local population.
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Fully agree! problem is, the local population pool is just not there .... then we get the infiltrators
locally here, soooo damn difficult to find... and especially when specific skill sets are needed
a. Qualified personnel or ones with realistic wage "requirements"
b. ones that will even SHOW UP for a scheduled interview
c. ones that pass a drug test
d. then discover any stated qualifications were overrated ( a management fault for insufficient vetting, just for desperation of 'finding' a hire )

Squanchy said:
Vin fast isn't pulling out yet.
Click to expand...
Just the tip 😁
 
Who said they were hiring locals? They are shipping slaves over here. They wanted to build dormatories on the property for God sake. Didn't someone mention no AC? And to think economic developers are celebrating.

Revolting.
 
When I moved hre 34 years ago the line voltage was approx. 118-120, today it is 124-126.
They up the voltage so they can use existing transmission lines vs replacement with larger gauge cable.
 
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