Stellantis is strengthening its capabilities, equipment and facilities to update its consumption model, creating a smart and integrated ecosystem to decrease environmental impact and better manage society’s competitive decarbonization goal of achieving 0 net carbon emissions by 2038.
John Elkann, President of Stellantis, and Carlos Tavares, CEO of Stellantis, inaugurated operations and attended the ribbon-cutting ceremony. The opening of the circular economy center in the Mirafiori complex, in addition to the recently announced battery generation center, reinforces Stellantis’ commitment. commitment to Italy and its there.
“The Circular Economy Hub brings together a set of capabilities and activities aimed at creating a high-performance center of excellence in Europe,” said Carlos Tavares, CEO of Stellantis. “We are industrializing the sustainable recovery and reuse of materials, coming soon new technologies and complex functions as we grow in this field. We know that our commitment to remanufacturing, repairing, reusing and recycling will not only ease the pressure on our planet, but also generate monetary value for Stellantis, safeguarding our shared long-term as we reshape our production and sourcing business model.
“This new investment by our company here in Turin demonstrates Stellantis’ commitment to Italy in the context of the evolution of our industry, as well as the ability of our communities to renew themselves through building their future,” said John Elkann, president of Stellantis. “When all stakeholders and Stellantis share the same ambition and agree on a common path, concepts become reality, and the Circular Economy Center we are opening today is proof of that. It will be a stylish plant in the automotive sector that combines respect for the environment and economic development.
In addition to helping its core businesses, the Circular Economy Hub also complements Stellantis’ recent moves towards its global electrification ecosystem and supports its carbon neutrality ambitions, including:
Stellantis’ Circular Economy Business Unit is one of seven growth sets announced in the Dare Forward 2030 strategic plan and aims to generate more than €2 billion in profits through 2030.
About Stellantis
Stellantis N. V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is a leading global automaker and mobility provider. Its historic and iconic brands reflect the passion of its visionary founders and current consumers for its cutting-edge products and services, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep, Lancia®, MaseratiArray Opel, Peugeot, Ram, Opel, Free2move and Leasys. With our diversity, we are leading the way globally: aspiring to be the largest sustainable mobility generation company, not the largest, while creating an aggregate price for all stakeholders, as well as the communities in which it operates. For more information, scale in www. stellantis. com
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