Bahia state labor secretary Augusto Vasconcelos announced that BYD COMPANY (01211.HK) +1.400 (+0.338%) Short selling $1.01B; Ratio 30.065% ’s new factory in Bahia, Brazil, will be fully operational by December 2026, anticipated to create 10,000 jobs.Previously delayed due to labor rights disputes, the factory will begin vehicle assembly this year, BYD noted.Related NewsDaiwa: HSI Reaches Mid-yr Target, but Structural Opportunities Limited; Focus on TMT/ Domestic Demand/ Other Sectors SuggestedWith the gradual localization of Brazil’s best-selling models, the plant will progressively ramp up production capacity down the road.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-15 12:25.)