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Stellantis inaugurates first Circular Economy Hub.

Publisher by Publisher
February 2, 2024
in Latest News, Sustainable Mobility
Reading Time: 2 mins read
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Stellantis inaugura primeiro Hub de Economia Circular
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Setellantis celebrated this Thursday, November 23, the official opening of its SUSTAINera circular economy Hub (CE Hub) at the Mirafiori Complex in Turin, Italy.

Based on the 4R strategy: Rebuild, Repair, Reuse, and Recycle, the objective of the CE Hub is to extend the lifespan of parts and vehicles, ensuring they last as long as possible.

When this is no longer possible, end-of-life material is collected for recycling through the rebuilding activity and end-of-life vehicle dismantling activity, and then reintroduced into the manufacturing cycle for the construction of new vehicles and parts.

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The CE Hub initially integrates four activities that implement the 4R strategy, with the aim of expanding its scope of application: Rebuilding used, worn, or defective components such as engines, gearboxes, and EV batteries are disassembled, cleaned, and rebuilt according to the original specifications of the parts manufacturers, maintaining the same level of quality; Sorting center (Rebuilding, Recycling): it is estimated that 2.5 million worn parts, known as cores, will supply the facility’s remanufacturing and recycling activities by 2025, increasing to 8 million by 2030; Vehicle reconditioning (Repair, Rebuild, and Reuse): vehicles will be aesthetically and mechanically repaired using new, rebuilt, or used parts, and then reintroduced through SPOTiCAR; as well as vehicle dismantling (Recycling, Rebuilding, and Reuse): at the end of their life cycle, vehicles become a valuable resource for the reconstruction of parts, reuse, or material for recycling.

“We are industrializing the sustainable recovery and reuse of materials, building new technologies and advanced capabilities as we grow in this area. We know that our commitment to remanufacturing, repair, reuse, and recycling will not only alleviate pressure on our planet but also bring financial value to Stellantis, safeguarding our shared future at a time when we are rapidly transforming our production and consumption business model.”, emphasized Carlos Tavares, CEO of Stellantis.

As part of the “Dare Forward 2030” plan, the circular economy business unit is expected to achieve revenues exceeding €2 billion by 2030.

Tags: Carlos TavaresCE HubDare ForwardEconomia circularHUBMirafiori
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