Chinese car maker BYD saw sales jump at the end of last year, leaving it closer to claiming the title of the world’s best-selling electric vehicle (EV) maker of 2024. The company says it sold 207,734 EVs in December, taking its annual total to 1.76 million, as subsidies and discounts helped attract customers. It comes…
Brazilian authorities have halted the construction of a factory for Chinese electric vehicle (EV) giant BYD, saying workers lived in conditions comparable to “slavery”. More than 160 workers have been rescued in Brazil’s northeastern state of Bahia, according to a statement from the Public Labour Prosecutor’s Office (MPT). They were allegedly put in a “degrading”…
Republican presidential nominee and former U.S. President Donald Trump speaks during a campaign town hall meeting, moderated by Arkansas Governor Sarah Huckabee Sanders, in Flint, Michigan, U.S., September 17, 2024. Brian Snyder | Reuters DETROIT — Stock prices of foreign automakers, including Chinese and German manufacturers, fell sharply on Wednesday amid concerns the U.S. will…
