Brazil Authorities Halt Work At BYD Factory Site After Workers Found In 'Slavery' Like Conditions

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Brazil Authorities Halt Work At BYD Factory Site After Workers Found In 'Slavery' Like Conditions - Benzinga

Quick Summary:

Brazilian authorities said on Monday that they have halted the construction of the plant that Chinese EV giant BYD Co Ltd.(OTC:BYDDY) is building in Salvador, Bahia after finding workers living and working in conditions analogous to “slavery.”

What Happened: Authorities ordered that the construction of the factory in Bahia be stopped after rescuing 163 people working at the site, according to a statement by the Labor Prosecutor’s Office (MPT).

The authorities shut down the workers’ lodgings and communicated the same to both BYD and construction firm Jinjiang Construction Brazil Ltd, one of the contractors hired by the company to carry out the construction, it added.