The Circular Economy business of Stellantis, based on the 4R strategy – Rebuild, Repair, Reuse, Recycle – saw its global sales increase by 18% in 2023 compared to the previous year, and the global portfolio of sustainable parts grew considerably, now covering 15.2% of the customers’ aftermarket needs.
The automotive group project, which is part of the “Dare Forward 2030” strategic plan, continues its expansion worldwide, and by the end of 2023, Stellantis inaugurated the first Circular Economy Hub at the Mirafiori industrial complex (Turin, Italy), a space that deals with the rebuilding of engines, gearboxes, and high-voltage electric vehicle batteries, as well as the reconditioning and dismantling of vehicles, creating a center of excellence aimed at industrializing the recovery and sustainable reuse of parts and materials.
In addition, Stellantis has created a joint venture with Galloo, Valorauto SAS, which offers private and professional customers a complete solution for the recovery and recycling of end-of-life vehicles, and also launched the online service in early January 2024.
The strategic rebuilding business was not the only success story in 2023. Sales of used original multi-brand parts driven by the exclusive B-Parts platform, used by private customers and the Stellantis network, through the electronic commerce portal, surged 63% last year compared to 2022, now extending to 160 countries worldwide.
The Portuguese-origin company B-Parts has a stock of 7 million used car parts, a record in Europe, coming from certified dismantling centers, reflecting a 31% increase compared to 2022.
Regarding high-voltage batteries, there are now 24 Electronic Repair Centers located in Extended Europe, Israel, Japan, and South Korea.
In addition, in 2023, Stellantis collected 2 million automotive parts for recycling, with an 84% increase in parts recycling recovery. In Extended Europe and North America, Stellantis started recycling aluminum from alloy wheels.
By 2024, the Circular Economy Business Unit of Stellantis aims to continue its growth momentum with the launch of the Portuguese company B-Parts’ offering of reused parts in North America, the expansion of the portfolio of rebuilt parts, and the execution of the joint venture with Orano for battery recycling.
