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Brazil Halts BYD Site After Chinese Workers Found in ‘Slavery-Like Conditions’

The Brazilian Public Prosecutor's Office (MPT) on Monday blocked the construction of a Chinese electric car maker BYD's factory in Camaçari, Bahia state, after 163 Chinese nationals working in “slavery-like conditions” were rescued from the site. announced that it had closed. via related parties statementMPT said an ongoing investigation, which began in mid-November, found that […]

BYD debuts $233K electric supercar to rival Ferrari, Lamborghini

BYD, the world’s largest electric car maker, has launched a $233,450 battery-powered supercar that rivals not only Tesla but also luxury gas-powered cars sold by Ferrari and Lamborghini. The high-performance EV, dubbed the Yangwang U9, will initially be sold exclusively in the Chinese market, where BYD is based, the company said in an event livestreamed […]