USD
GBP
CNY
EUR
INR
JPY
MYR
ZAR
KRW
THB
Strategic Analysis of the Automotive Circular Economy
Increased Adoption of Circular Economy Practices Leading to Transformational Growth Across the Automotive Value Chain
08-Nov-2022
Global
Market Research
$2,450.00
Special Price $2,082.50 save 15 %
The automotive industry has evolved from implementing circular economy practices only at the process level to adopting them at all parts of the value chain. This research service provides insights into strategies adopted by automotive original equipment manufacturers (OEMs) to align with circular economy goals in each stage of the automotive lifecycle. Circular economy practices aim to minimize the use of virgin materials in manufacturing processes and focus on reclaiming, reusing, and remanufacturing components to ensure greater sustainability. Growing concerns over global warming and increased carbon emissions are driving the government and regulatory bodies to implement stringent compliance measures for the automotive industry, pushing OEMs to shift towards green practices. The advent of digital technologies and the development of sustainable materials are helping automotive OEMs meet sustainability goals and ensure compliance with guidelines set by regulatory bodies. The study elucidates the need to adopt sustainable manufacturing methods and highlights the benefits they bring to OEMs and the environment.
Key areas the study provides insight on:
• Emerging business models aligned with circular economy practices
• Best practices, including design principles, being adopted by OEMs at their manufacturing plants to ensure 100% renewable energy utilization
• Sustainable materials used in automotive components as alternatives to plastics, rubber, and leather
• Initiatives adopted by automotive OEMs to ensure sustainability at their dealerships
• Sustainable mobility solutions, like the use of electric vehicles (EVs) and hybrids by ridesharing and carsharing services
• Diagnostic and vehicle monitoring methods used by EV battery suppliers to maintain and recycle automotive batteries
• Methods adopted to extend the life of automotive components (such as plastics, tires, aluminum, EV batteries, etc.)
• Digital technologies and processes adopted to enable circular economy goals
• Potential second life of different automotive components
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top Three Strategic Imperatives on the Automotive Circular Economy
Growth Opportunities Fuel the Growth Pipeline Engine™
Circular Economy—Introduction
The Need for a Circular Economy in the Automotive Industry
Outcome of Circular Economy Initiatives—Reduction in Carbon Emission During Vehicle Manufacturing
Outcome of Circular Economy Initiatives—Increase in Circular Material Use Rate in Europe
Overview of Circular Economy in the Automotive Lifecycle
Automotive Manufacturing—Circular Economy Practices
Sustainable Materials in Cars—Introduction
Select Innovative Natural Materials for the Future
Usage of Natural Materials in the Manufacturing of Self-healing Materials
Recycled Materials Used in Cars
Green Steel
OEMs Make a Beeline Towards Green Steel
Recycling Trend—Closed-loop Recycling
The 2021 Nissan Rogue—Closed-loop Recycling Use Case
Sustainable Supply Chain—Volvo/Polestar
Sustainable Design/Vehicles—Modularity-BMW i Vision Circular
Sustainable Design/Vehicles—Climate Neutral Cars—Polestar 0
Sustainable Design/Vehicles—Climate Neutral Cars—Renault Scenic
Sustainable Manufacturing Plants—Select Use Cases
Sustainable Design—A Determined Push Towards EVs
Manufacturing—Key Takeaways
Automotive Retail—Circular Economy Practices
Honda Green Dealership
Ford Go Green Dealership Program
Audi Sustainability in Dealership
Skoda Green Retail
Renault Mobilize Use case
Sustainable Design/Vehicles—Renault Duo: Purpose-Built Green Car for Carsharing
Volkswagen—MOIA
Skoda—Digilab
Toyota—Kinto
Automotive Retail—Key Takeaways
Automotive Aftersales—Circular Economy Practices
Predictive Maintenance—Pitstop
Predictive Maintenance—Preteckt
Servicing of Electronic Components—Faurecia
Battery Diagnostics—ReJoule
Development of Longer Lasting Batteries—Twaice
Automotive Aftersales—Key Takeaways
Automotive EOL—Circular Economy Practices
Remanufacturing—Select OEM Activity
Remanufacturing—Select OEM Activity (continued)
Plastic Recycling Use Case—Lavergne
Closed-Loop Recycling—Novelis
Tire Recycling Use Case—Pyrum Innovations
Battery Recycling—LI-Cycle
Second Life Applications—Battery Repurposing: Select OEM Activity
Second Life Applications—Battery Repurposing
Automotive EOL—Key Takeaways
Growth Opportunity 1—Investments in Sustainable Supply Chain
Growth Opportunity 1—Investments in Sustainable Supply Chain (continued)
Growth Opportunity 2—Focus on EV Battery Management at Each Stage of the EV Lifecycle
Growth Opportunity 2—Focus on EV Battery Management at Each Stage of the EV Lifecycle (continued)
List of Exhibits
Legal Disclaimer
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
| Deliverable Type | Market Research |
|---|---|
| Author | Joe Praveen Vijayakumar |
| Industries | Automotive |
| No Index | No |
| Is Prebook | No |
| Podcast | No |
| WIP Number | PD59-01-00-00-00 |