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BYD, Brazil and China
Brazil says workers at China's BYD site are victims of human trafficking
By Fabio Teixeira RIO DE JANEIRO/SHANGHAI (Reuters) -Chinese workers at a construction site in Brazil for a factory owned by China's electric vehicle producer BYD are victims of human trafficking, Brazilian labor authorities said on Thursday in a growing controversy in BYD's biggest overseas market.
Brazil probes China’s BYD for trafficking
Brazil has stopped issuing temporary work visas for BYD, the Brazilian 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.
8h
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 ...
2d
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.
20h
What happens next to workers in 'slavery-like conditions' at BYD's site in Brazil?
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
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 ...
11d
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
22h
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 ...
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