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Brazil weighs BYD tariff break as rivals warn of lay-offs and investment freeze
Chinese EV maker seeks cut while building local plant but other carmakers and regional governors say it could hurt Brazil’s industrial base.
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scmp.com
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Brazil weighs BYD tariff break as rivals warn of lay-offs and investment freeze
Chinese EV maker seeks cut while building local plant but other carmakers and regional governors say it could hurt Brazil’s industrial base.
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Brazil grants BYD exemption from EV tariff hike, but not for as long as sought
Regulators compromise after other carmakers push back, saying the break would unfairly advantage BYD and might threaten up to 50,000 jobs.