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Stock impact report

BYD faces EU questions over alleged labour abuses at Hungary plant [Yahoo! Finance]

BYD CO LTD UNSP/ADR (BYDDY) 
NASDAQ:AMEX Investor Relations: byd.cn/bydenglish/investor
Company Research Source: Yahoo! Finance
The issue, as reported by CNBC, follows a report released on 14 April by New York-based China Labor Watch (CLW). CLW accused contractors at the Szeged site of requiring thousands of workers to work every day of the week, often in shifts exceeding 12 hours. It claimed that it spoke to 50 workers and made three visits to the construction site beginning in October 2025. According to CLW, workers – most of them from China – were only able to pause work when severe weather halted construction. Qiang Li, founder of the group, told CNBC that managers were pushing to start vehicle production in January 2026 and “wanted to begin production of cars in January [2026], so they were rushing the project's timeline – they weren't letting workers leave”. The report also alleged that employees were told to mislead labour inspectors by saying they worked only “five days per week, eight hours per day, with one hour of overtime”. CLW said the actual schedules breached Hungary's labour rules Show less Read more
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