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BYD, Brazil and human trafficking
Exclusive-Brazil yanks temp work visas for China's BYD after trafficking claims
By Lisandra Paraguassu BRASILIA (Reuters) -Brazil has stopped issuing temporary work visas for BYD, the Ministry of Foreign Affairs said on Friday, in the wake of accusations that some workers at a site owned by the Chinese electric vehicle producer had been victims of human trafficking.
BYD contractor denies ‘slavery-like conditions’ at a Brazil factory
BYD has been building the factory with an annual capacity of producing 150,000 cars initially in Brazil, the Chinese EV giant's largest overseas market, as part of plans to start production there.
Controversy Surrounds BYD's Brazilian Expansion Amidst Trafficking Allegations
Brazilian labor authorities have accused Chinese electric vehicle company BYD and its contractor, Jinjiang Group, of human trafficking at a construction site in Bahia. The allegations highlight challenges in China's investment model and its relations with Brazil as BYD seeks to expand globally.
5h
Prices slashed again in China’s EV sector, threatening unprofitable carmakers
An anticipated sales decline after a subsidy expires is expected to exacerbate the financial squeeze that is throttling ...
1d
on MSN
Contractor for Chinese electric-car giant BYD denies slavery claims at Brazilian factory construction site
A task force said it had rescued 163 Chinese nationals who were working in “slavery-like” conditions at BYD’s construction ...
2d
on MSN
BYD makes much more than cars. These 5 side hustles also helped turn the Chinese EV giant into a challenger to Elon Musk's Tesla.
Like its rival Tesla, BYD makes and sells a range of products alongside its electric vehicles, from solar panels to buses.
1d
on MSN
Five facts about electric vehicles in 2024
Electric vehicles had another whirlwind year around the globe, driven by buyers in China, and growth in parts of Europe and ...
10d
on MSN
Why China's BYD Company Stock Popped Today
BYD is looking to dominate the electric vehicle market worldwide, and its stock is a lot cheaper than Tesla's.
Climate Crisis 247 on MSN
1d
China’s BYD EV Could Be Bigger Than Ford Next Year
Douglas McIntyre, Editor-in-Chief at Climate Crisis, discusses the growth potential of BYD, China’s largest electric vehicle ...
Finance & Commerce
20h
Electric vehicle sales have whirlwind year
Electric vehicles had another whirlwind year around the globe, driven by buyers in China, and growth in parts of Europe and ...
1d
on MSN
China's BYD offers year-end discounts of up to 11.5%
Chinese electric vehicle giant BYD is offering discounts until Jan. 26 on two of its hybrid and EV models, according to its ...
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