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BYD contractor denies 'slavery-like conditions' claims by Brazilian authorities

BYD contractor denies ‘slavery-like conditions’ claims by Brazilian authorities

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Chinese electric vehicle producer BYD's contractor Jinjiang Group stated on Thursday that the Brazilian authorities' portrayal of their employees as enslaved is completely inconsistent with the facts. "Being unjustly labeled as 'enslaved' has made our employees feel that their dignity has been insulted and their human rights violated, seriously hurting the dignity of the Chinese people. We have signed a joint letter to express our true feelings," Jinjiang said in its official Weibo account.
China Brazil BYD

China Brazil BYD

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FILE - The BYD logo is photographed at the Paris Auto Show in Paris, Oct. 15, 2024. (AP Photo/Michel Euler, File)
BRIEF: BYD subcontractor accused of labor rights violations in Brazil - Bamboo Works - China stock insights for global investors

BRIEF: BYD subcontractor accused of labor rights violations in Brazil –...

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A subcontractor building a Brazilian factory for leading Chinese new energy vehicle (NEV) maker BYD Co. Ltd. (1211.HK; 002594.SZ) has been accused of serious labor rights at its construction site in Camaçari, Bahia
BYD's 10 millionth electric compressor rolls off the production line, taking only 17 months to go from 5 million to 10 million.

BYD’s 10 millionth electric compressor rolls off the production line, taking...

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Bitauto News: Recently, BYD's 15th Division Air Conditioning Factory announced the official rollout of its 10 millionth electric compressor. BYD stated that it took 120 months to go from the birth of the first prototype in 2011 to the production of the 1 millionth unit in 2021. However, it only took 30 months to reach 5 million units by 2023, and just 17 months to reach the current milestone of 10 million units.
BYD offers free car insurance for Ocean lineup in year-end sales push

BYD offers free car insurance for Ocean lineup in year-end sales...

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BYD is offering free vehicle insurance worth up to RMB 5,000 ($690) on a number of Ocean lineup models, ramping up promotions ahead of the Chinese New Year.
Chinese electric vehicle maker BYD's construction site under scanner in this country. Here's why

Chinese electric vehicle maker BYD’s construction site under scanner in this...

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The BYD construction site workers have been found labouring for long hours, in excess of those allowed by Brazilian law, sometimes for seven days a week, while being kept in what authorities described as degrading conditions, among other labour violations.
BYD's 10 millionth electric compressor rolls off the production line, taking only 17 months to go from 5 million to 10 million. United Arab Emirates

BYD’s 10 millionth electric compressor rolls off the production line, taking...

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Bitauto News: Recently, BYD's 15th Division Air Conditioning Factory announced the official rollout of its 10 millionth electric compressor. BYD stated that it took 120 months to go from the birth of the first prototype in 2011 to the production of the 1 millionth unit in 2021. However, it only took 30 months to reach 5 million units by 2023, and just 17 months to reach the current milestone of 10 million units.
We Think Boyd Gaming (NYSE:BYD) Is Taking Some Risk With Its Debt

We Think Boyd Gaming (NYSE:BYD) Is Taking Some Risk With Its...

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Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Toyota's Global Output Slips 6.2%, While Company Donates $1 Million to Trump's Inaugural Fund - BYD (OTC:BYDDF), BYD (OTC:BYDDY)

Toyota’s Global Output Slips 6.2%, While Company Donates $1 Million to...

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Toyota's global production drops 6.2%, while the company donates $1 million to Trump's inauguration and secures $4.5 million in U.S. federal funding for EV battery recycling.
BYD offers 11.5% limited-time discount on Sealion 05 DM-i in China

BYD offers 11.5% limited-time discount on Sealion 05 DM-i in China

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BYD is offering a discounted price of RMB 99,800 ($13,670) for customers buying the Sealion 05 DM-i over the next month, hoping to capitalize on the peak sales season ahead of the upcoming Chinese New Year holiday.