SHERIDAN, WYOMING – Dec. 15, 2024 – Stellantis, one of the world's leading automakers, is marking the first anniversary of its SUSTAINera Circular Economy Hub in Mirafiori, Turin. This innovative facility is playing a key role in the company's commitment to sustainability and its Dare Forward 2030 strategic plan.
A Hub of Circular Economy Innovation
The SUSTAINera Circular Economy Hub focuses on extending the lifespan of vehicle parts and vehicles through a 4R strategy: Remanufacturing, Repair, Reuse, and Recycle. In its first year of operation, the hub has achieved impressive results:
- 10,000 engines, 10,000 gearboxes, and 1,000 electric vehicle batteries remanufactured: These components are restored to original equipment manufacturer (OEM) specifications, ensuring the same performance and warranty as new parts.
- 5,000 vehicles reconditioned: Vehicles are given a new lease on life, meeting high-quality standards for resale.
- 1.8 million components processed: The hub's sorting center processes components for remanufacturing, recycling, or reuse.
Sustainable and Profitable
The Circular Economy Hub's activities contribute to a more sustainable and profitable business model. Remanufactured parts are offered through the SUSTAINera range, providing customers with affordable and environmentally friendly options. Reconditioned vehicles are sold through the SPOTiCar used vehicle program.
"The business generated by all these activities is sustainable as it contributes to the reduction of the environmental impact, is profitable, and directly contributes to the target to achieve more than €2 billion Circular Economy revenues by 2030, as part of Dare Forward 2030," states the Stellantis press release.
Environmental Benefits
By extending the life of parts and vehicles, the hub helps reduce waste and minimize the need for new resources. This contributes to Stellantis' goal of becoming a carbon net zero corporation by 2038.
Creating Jobs and Upskilling Employees
The SUSTAINera Circular Economy Hub is not only good for the environment but also for the local economy. The facility has already created nearly 500 jobs, exceeding initial projections.
"It currently employs nearly 500 upskilled employees, which, one year early, is already very close to the original target to achieve 550 by 2025," says Stellantis.
A Model for Sustainable Practices
The SUSTAINera Circular Economy Hub serves as a model for sustainable practices in the automotive industry. By combining innovation, efficiency, and a commitment to environmental responsibility, Stellantis is demonstrating how circular economy principles can drive both business success and a more sustainable future.
About SUSTAINera
SUSTAINera encompasses all circular economy activities within Stellantis. It offers customers sustainable, affordable products and services without compromising on quality, while minimizing environmental impact.
About Stellantis
Stellantis N.V. is one of the world's leading automakers, with a portfolio of iconic brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, and Vauxhall. The company is committed to providing clean, safe, and affordable mobility solutions while achieving carbon net zero by 2038.
Frequently Asked Questions
1. What is the SUSTAINera Circular Economy Hub?
It is a state-of-the-art facility dedicated to remanufacturing, repairing, reusing, and recycling vehicle parts and vehicles.
2. How does the hub contribute to sustainability?
By extending the lifespan of parts and vehicles, the hub reduces waste, minimizes resource consumption, and contributes to Stellantis' carbon neutrality goals.
3. What are the benefits of remanufactured parts?
Remanufactured parts offer the same performance and warranty as new parts, but at a more affordable price and with a lower environmental impact.
4. Where can I find SUSTAINera products?
SUSTAINera products are available through the Stellantis aftersales network.
5. What is Stellantis' Dare Forward 2030 plan?
Dare Forward 2030 is Stellantis' strategic plan to become a carbon net zero mobility tech company by 2038.