BYD

Affordable Chinese electric vehicles are flooding into global markets — but not the US.Tesla rivals BYD and Xpeng are bringing their ultra-smart EVs to a host of new countries.High tariffs have locked them out of the US, meaning American drivers may be cut off from cheap EVs.Tesla’s China headache might…

By Lisandra Paraguassu BRASILIA (Reuters) -Brazil has stopped issuing temporary work visas for BYD (SZ:), 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. The announcement came…

SHANGHAI/BEIJING (Reuters) -Jinjiang Group, a contractor for Chinese electric vehicle maker BYD (SZ:), said on Thursday Brazilian authorities’ portrayal of their employees as “enslaved” was inconsistent with the facts and that there were translation misunderstandings. Brazilian labor authorities had on Wednesday said they found 163 Chinese nationals working in “slavery-like…