Transforming the Automotive Industry with the Circular Economy Model
Résumé
The circular economy model has gained unprecedented attention with increasing concerns of climate change and under recent major geopolitical crises. The automotive industry is now going through the electric transformation to become more environmentally and socially sustainable; but only the electrification of vehicles is not enough, the whole manufacturing process and the handling of end-of-life vehicles all need to be decarbonised. Moreover, the circular economy model provides an operational framework to deal with various problems including raw material crisis, material wastes, end-of-life vehicles treatment, battery reuse and recycling, and pollutions. This paper aims to (1) analyse the necessity for the automotive industry to urgently adopt the circular economy model, (2) propose a circular economy framework for the automotive industry, (3) make observations of existing or underdevelopment practices of circular economy in the automotive industry and closely related manufacturing sectors, (4) examine the key drivers towards a favourable ecosystem for circular economy transformation. Our observations show that all the major OEMs are increasing adopting circular economy practices and some of them already have a dedicated strategy and business unit. In many cases, OEMs collaborate with suppliers, new technology startups and local public authorities to scale up projects and build closed-loop holistic solutions. Our study confirm that the circular economy model will become the new norm and fundamentally transform the automotive industry.
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Domaines
Sciences de l'Homme et SociétéOrigine | Fichiers produits par l'(les) auteur(s) |
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