this post was submitted on 20 Mar 2025
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[โ€“] Hotznplotzn@lemmy.sdf.org 3 points 1 week ago

'Why a Chinese car battery plant in Hungary is not a good idea'

... BYD has extensive links to the Chinese Communist Party (CCP), the government of the People's Republic of China (PRC), and the Hong Kong government, which continue to act collectively to dismantle basic rights and freedoms in Hong Kong.

BYD's leadership, including founder and current chief executive Wang Chuanfu, maintain numerous direct ties to the Chinese Communist Party. In 2019, a report by Radarlock found that BYD has failed to publicly report the billions of subsidies that it has received from the government of the PRC ...

BYD has also worked with Huawei to export driverless transit systems to countries that take part in the CCP's Belt and Road Initiative (BRI). The BRI poses a major risk for the EU market given that the BRI involves high levels of debt-trap diplomacy, corruption, poor risk management, and threats to domestic infrastructure plans, supply chains, and jobs.

Like many other Chinese-owned companies, BYD is subject to the PRC's National Intelligence Law, which mandates that companies provide information to Chinese intelligence agencies. There continues to be no accountability or transparency for this process, and it poses a risk to foreign partners whose information may be sent to Chinese intelligence agencies too.

BYD has been scrutinised for intellectual property infringement, data security, and economic espionage, accused of copying designs from established automobile manufacturers. BYD has also been criticised following numerous reports of quality control and safety issues, failing to have an eco-friendly ethos, and questionable labour practices in the BYD supply chain. ...