Circular Economy
The world’s natural resources are limited. So we’ve committed to become a circular business by 2040 – maximising resource efficiency across vehicles, components and materials. We’re focussed on eliminating waste, making greater use of recycled material, and remanufacturing and reusing parts.
Design for circularity:
Most companies (and people) still participate in a linear economy – you take raw material, make a product, use it, and in the end, throw it out as waste. A circular economy maximises resources by designing products for durability, reuse and recycling. From the start, we’re considering a vehicle’s entire life cycle and how to maximise the value delivered throughout that time. When that’s over, the dissasembly and recycling process can provide high quality and quantity raw materials.
More remanufacturing:
Compared to producing new parts, remanufactured parts use around 85 per cent less raw material and 80 per cent less energy. We currently remanufacture 36 different component groups, including engines, gearboxes, turbo compressors and clutches. In 2021 we saved over 4,000 tonnes of CO2 by remanufacturing over 37,000 parts.
Less production waste:
In 2021, 96 per cent of our global production waste was recycled – so we avoided creating additional carbon emissions and were able to keep valuable material in circulation. This also reduced the amount of virgin material needed.
Recycling:
Our largest waste stream is metal from car production, which amounted to 209,000 tonnes in 2021 and is entirely recycled.
