From car to car. Renault aims at a chain of sustainability in which the cars produced are the best sources of supply for the models that will come through an optimization of the recycling of materials used by the automotive industry. In this context it was born The Future is Neutralthe new entity of the French group that will take care of preserving the value of components and materials for as long as possible and allow the industry to reach a much higher percentage of recycled materials from the automotive sector for production in the long term of new vehicles.
A complete ecosystem, which will use partner companies and will allow not only to optimize production but also to provide support to companies outside the group. The goal will be to pursue the neutrality of the resources of the auto sector and to do so The Future is Real will rely on various connected companies, such as its branch Gaia which carries out all battery repair, collection and reuse of components and recycling of materials from end-of-life vehicles at the Flins site. Together with the reference partner Suez, the entity also owns two companies: Indra, leader in the treatment of end-of-life vehicles in France, with over 370 authorized centers, e Boone Comenor, specialized in the recycling of metal scrap from the industrial sector. The new entity of the Renault group will also aim for leadership closed cycle battery recycling counting on one of the largest circulating electricity parks in the world. To support its development, The Future is real will open a minority stake of its capital to external investors, with the aim of co-financing investments of around 500 million euros by 2030.
“Today we take another step forward in our historic commitment to the circular economy – said Luca de Meo – Our branches Gaia, Indra and Boone Comenor, as well as the Refactory of Flins have already shown that we are able to generate activities that create economic, social and environmental value for the entire life cycle of vehicles. Our ambitious goal is to bring recycling into a new era and become the European leader of the circular economy in the automotive sector. “
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