Peugeot, Citroen to open car recycling plants
Stellantis’ end-of-life recycling centres will also refurbish and resell cars not ready for the scrapheapPeugeot and Citroen owners will soon have the option of recycling their car at the factory as part of plans to install end-of-life vehicle (ELV) recycling centres.
A joint-venture between the French brands’ parent Stellantis and leading metals recycling company Galloo, the recycling strategy will see ELVs begin opening later this year at manufacturing hubs in France, Belgium and Luxembourg, before expanding across Europe.
As well as simply stripping cars, the ELVs will also be tasked with refurbishing vehicles not judged to be at the end of their working life. The restored cars will then be sold on for profit.
The centres will sell used car parts to the public and motor trades, too.
Once in operation, Stellantis predicts the ELVs will feed huge profits back into the business, generating as much as €2 billion ($A3.2b) by 2030.
It will also help the car-making giant reach its goal of having 40 per cent green recycled materials in its new vehicles by 2030.
“Making it easy for customers to recycle their end-of-life vehicles is a crucial element to reduce the environmental impact of our vehicles,” said Stellantis’ senior vice-president for global circular economy, Alison Jones.
“Returning parts and materials to the value chain preserves scarce resources and helps our drive to reach carbon net zero by 2038.
“We look forward to implementing the program this year and quickly expanding.”
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