Etiqueta: BYD

Labour prosecutors allege that workers were brought to Brazil illegally and toiled in ‘slavery-like conditions’.

The world’s leading electric vehicle (EV) maker is rapidly expanding overseas. After taking control of vehicle sales in Germany last...

Brazilian prosecutors said Tuesday they are suing Chinese electric vehicle giant BYD and two of its contractors over allegations of using workers in slave-like labor conditions and engaging in international human trafficking. The labor prosecutors' office in Bahia state said in a statement that they are seeking 257 million Brazilian reais ($50 million) in damages from BYD, China JinJiang Construction Brazil and Tecmonta Equipamentos Inteligentes. The lawsuit stems from an investigation that led to the rescue last year of 220 Chinese workers from the construction site of BYD’s new factory in the city of Camaçari.

China’s electric vehicle (EV) giant BYD Co. has ignited a fresh wave of competition in the world’s largest auto market by slashing prices by up to 34% on 22 electric and plug-in hybrid models.

It’s finally happening. After years of watching Argentina’s EV market linger, staying at or below 0.1% market share, the tides seem to be turning. BYD seems unstoppable lately and it seems it will enter head-on one of the least electrified markets in the world and the perennial laggard in Latin ... [continued]

BYD has shocked the new car marketplace in China by slashing prices on its cars by up to 34%. Is it playing the long game?

A ruthless discount blitz from BYD is shaking the foundations of China's auto industry and threatening mass consolidation

Aramco and BYD join forces to advance cleaner, more efficient EV technologies, blending fuels expertise with EV innovation for sustainable transportation

In April, Tesla sold 7,261 vehicles in the European Union, European Free Trade Association, and U.K., a 49% year-over-year decline.

The BYD Dolphin Surf is a subcompact electric hatchback. It is called Dolphin Mini in other export markets, including Mexico.