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Exclusive: BYD shifts to local parts in Brazil factory in bid for market leadership
Reuters· 2026-02-05 05:03
Core Viewpoint - Chinese automaker BYD aims to produce and source 50% of its vehicle components locally at its new Brazilian factory by the end of 2026 [1] Group 1: Company Strategy - BYD's strategy includes localizing production to enhance supply chain efficiency and reduce costs [1] - The company is focusing on expanding its presence in the Brazilian market, which is part of its broader international growth plan [1] Group 2: Industry Context - The move aligns with a growing trend among automakers to localize production in key markets to mitigate risks associated with global supply chains [1] - Local sourcing is expected to contribute to the sustainability goals of the automotive industry, as it may reduce transportation emissions and support local economies [1]
Scoop, There It Is! Doughlivery by Ben & Jerry’s Cools Down Torontonians to Celebrate National Ice Cream Day
Globenewswire· 2025-07-17 16:21
Core Insights - Ben & Jerry's is launching a summer promotion called Doughlivery in Toronto, offering free ice cream to celebrate National Ice Cream Day on July 20, 2025 [1][3] - The Doughlivery initiative includes surprise deliveries via Uber Eats from July 18-20, where customers can receive a free pint of Ben & Jerry's ice cream with their restaurant orders [2][12] - All ice cream sold in Canada is made with 100% Canadian milk and cream sourced from their Simcoe, Ontario creamery, emphasizing local production [4] Company Overview - Ben & Jerry's is a socially responsible company that produces super-premium ice cream and Non-Dairy/vegan desserts, focusing on high-quality ingredients and social justice initiatives [6] - The company operates as a Certified B Corp and is a wholly owned subsidiary of Unilever, with a mission statement that includes product quality and addressing social, racial, and environmental injustices [6] - In 2024, the Ben & Jerry's Foundation granted $4.5 million to support grassroots organizing for progressive causes [6] Unilever Overview - Unilever is a leading global supplier of various products, including ice cream, with sales in over 190 countries and a customer base of 3.4 billion people [7][8] - The company generated sales of €60.8 billion in 2024 and employs 128,000 people [7][8]