Automotive industry heavyweights Renault Group and SUEZ collaborate aimed at speeding up the circular economy within Europe's automotive sector.
In an exciting development for the automotive industry, Renault Group and SUEZ have announced a new partnership aimed at accelerating the transition towards a circular economy. This joint venture will see Renault Group bring its extensive automotive value chain expertise, eco-design know-how, and industrial capabilities to the Flins Refactory, a European factory dedicated to circular economy mobility activities.
Luca de Meo, CEO of Renault Group, expressed his enthusiasm for the partnership, stating that the joint investment will enable them to offer an open circular economy platform for the entire sector. This platform is designed to support different automotive players in limiting their impact on natural resources, anticipating regulatory changes, and strengthening their supply of recycled materials and circular economy parts.
SUEZ, a global leader in waste recycling and valorisation, will contribute its expertise to the partnership. This collaboration will enable the sector's transformation towards greater circularity and reduce dependence on virgin materials. Sabrina Soussan, CEO of SUEZ, explained that their investment will reinforce SUEZ's ability to support the automotive industry's ecological transition.
The Flins Refactory, located in France, is the first European factory dedicated to circular economy mobility. Activities at the refactory range from vehicle reconditioning to remanufacturing of parts and renovation of industrial robots. The partnership aims to position The Future Is NEUTRAL, a key player in the circular economy for the automotive industry, at the forefront of this transition.
The collaboration within The Future Is NEUTRAL is focused on building the new value chain for the circular economy in the automotive industry, "from car to car". The goal is to create a sustainable and closed-loop system, ensuring that resources are conserved and waste is minimised.
This partnership marks a significant step forward in the ecological transition of the automotive sector. By working together, Renault Group and SUEZ hope to set a new standard for sustainable mobility and contribute to a greener future for all.
