One of Brazil’s most high-profile Chinese investors has become embroiled in a scandal that threatens to upend its presence in the country. Chinese electric vehicle (EV) manufacturer BYD was building a factory in Brazil’s northeast state of Bahia—which would be BYD’s biggest EV plant outside Asia, with a production capacity of 150,000 vehicles per year—when government authorities ordered a halt to
Published on January 06, 2025 11:48