Etiqueta: BYD

Allegations spark tensions as BYD cuts ties with contractor amid labor rights concerns, passport disputes, and China's push for stronger Brazil ties.

BYD Company Limited (OTCMKTS:BYDDF - Get Free Report) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 1,195,800 shares, a decrease of 48.2% from the November 30th total of 2,307,300 shares. Based on an average daily trading volume, of 120,700 shares, the short-interest ratio is currently 9.9 days.

Dozens of Chinese workers have been taken and put up in hotels in Brazil’s tropical northeastern region after local labor authorities found them at a construction site for electric vehicle automaker BYD.

Announcement came days after labour authorities also said they found Chinese workers at factory in Bahia were victims of human trafficking.

Brazilian authorities have suspended the issuance of temporary work visas for Chinese electric vehicle producer BYD, the Ministry of Foreign Affairs said on Friday. The announcement came days after labor authorities said they found 163 Chinese workers in "slavery-like" conditions at a BYD factory construction site in the northeastern state of Bahia. According to the foreign ministry, the workers entered Brazil on temporary work visas.

Exclusive-Brazil suspends temporary work visas for BYD-ministry

BRASILIA (Reuters) - Brazilian authorities have suspended the issuance of temporary work visas for BYD in the wake of accusations that some workers at a site owned by the Chinese

Brazilian labor authorities investigate human trafficking at BYD factory site

The BYD Xia's dealer withholding price starts at 38,400 USD, offering 100 km and 180 km pure electric cruising ranges.

Authorities in Brazil said Friday they are probing Chinese auto giant BYD and one of its contractors for suspected "trafficking" of Chinese workers building a factory in the South American