SEHK:1211Auto
BYD Faces Brazil Dirty List Scrutiny And Valuation Questions For Investors
Brazilian authorities have added BYD Auto do Brasil to the country's "dirty list" of employers linked to exploitative working conditions at a Bahia plant construction project.
The listing follows an investigation into labor practices at a contractor involved in building BYD's new manufacturing facility.
BYD has ended its relationship with the contractor and issued public statements emphasizing its commitment to human rights.
The company could now face tighter regulatory scrutiny,...