Market
Will BYD announce new labor policies by December 31, 2025?
2
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcement from BYD regarding new labor policies
Story
Brazil Halts BYD Electric Vehicle Plant Construction in Camaçari After 163 Workers Found in Slavery-Like Conditions
Dec 24, 2024, 07:10 AM
Brazilian authorities have uncovered 163 Chinese workers employed in 'slavery-like conditions' at a construction site for an electric vehicle factory owned by Chinese automaker BYD in Bahia state. The workers were found during a joint operation by the Ministry of Labor and the Federal Police, which led to the immediate halt of construction activities at the site in Camaçari. The labor prosecutor's office reported that the workers were subjected to illegal and excessively long hours, living in poor conditions. In response to the findings, BYD has severed ties with the construction firm responsible for the site, Jinjang, and stated its commitment to ensuring the rights of subcontracted workers. The factory was expected to be operational by March 2025, but these developments have raised serious concerns regarding labor practices in the region.
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Similar markets
Investigation inconclusive • 25%
No violations found • 25%
Minor violations found • 25%
Major violations found • 25%
Brazilian Ministry of Labor • 25%
Other • 25%
BYD Corporation • 25%
Federal Police of Brazil • 25%
Other penalties • 25%
Fines imposed • 25%
License revoked • 25%
No action • 25%
Halts Brazil operations • 25%
No significant changes • 25%
Modifies operations significantly • 25%
Continues with new contractor • 25%
Fines imposed • 25%
No action taken • 25%
Other outcomes • 25%
Criminal charges filed • 25%
Yes • 50%
No • 50%
Returned to China • 25%
Receive legal residency in Brazil • 25%
Compensated and relocated • 25%
Other • 25%
Investigation inconclusive • 25%
Major violations found • 25%
Minor violations found • 25%
No violations found • 25%
No violations found • 25%
Investigation inconclusive • 25%
Minor violations found • 25%
Major violations found • 25%
