Novelis and thyssenkrupp Materials Services seek to advance the circular economy in the automotive industry with the joint development of the "Automotive Circularity Platform". The development of the new digital hub is intended to set important standards for the recycling of end-of-life vehicles. The open platform is not only intended to digitise the market for secondary materials from end-of-life vehicles, but also offers easy access to high-quality recycling materials in larger quantities. At the same time, the two companies want to increase transparency by creating an ecosystem for the end-of-life vehicle value chain. In the first step, a prototype will be developed for comprehensive testing and evaluation purposes.
Aluminium recycling of production scrap in a closed loop has already become a best sustainability practice in the automotive industry in recent years – but the loop for end-of-life vehicles has yet to be closed. The partnership between Novelis and thyssenkrupp Materials Services is thus a significant step towards achieving a circular economy and reducing CO2 emissions.