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Stellantis announces ‘Circular Economy’ business to drive revenue, decarbonization

Stellantis has already announced its plans to reach net-zero carbon emissions by 2038. Today, the automaker has announced a new business unit to help it reach that goal while generating 2 billion euros per year in revenue by 2030. The “Circular Economy” business will help make revenue less dependent on finite, rare and ecologically problematic materials. The Circular Economy model features what Stellantis calls a “4R” strategy, comprising remanufacturing, repair, reuse and recycling. The goal is to make materials last as long as they can, reducing reliance on the acquisition of those precious new materials in the future by returning them to the business loop when theyÂ’ve reached the end of their first life. Through these processes, Stellantis says it can save up to 80% raw material and 50% energy compared to manufacturing a new part. Remanufacturing, or “reman” in Stellantis shorthand, means dismantling, cleaning and rebuilding parts to OEM spec. Nearly 12,000 remanufactured parts are available for customers to purchase. Some remanufacturing is done in-house, and some with partners and through joint ventures. Repair is pretty obvious — fixing parts to put back into vehicles. This also consists of reconditioning, to make a vehicle feel like new. Stellantis boasts 21 “e-repair” centers for repairing electric vehicle batteries.  Reuse refers to parts still in good condition from end-of-life vehicles sold as-is. Stellantis says it has 4.5 million multi-brand parts in inventory. These are sold in 155 countries through the B-Parts e-commerce platform. Reuse also refers second-life options, such as using batteries outside of automotive purposes. Recycling involves dismantling parts and scraps back into raw material form that is then looped back into the manufacturing process. Stellantis says it has collected 1 million parts for recycling in the past six months. Recycling doesnÂ’t get counted in that aforementioned 2 billion euros of revenue, but it does save the company money on acquisition of raw materials. As for batteries, specifically, Stellantis expects this recycling business to ramp up after 2030, when the packs currently in service begin to reach the end of their lifecycle. Stellantis will use its new “SUSTAINera” label to denote parts that are offered as part of its Circular Economy business.

Maserati Quattroporte Trofeo, GMC Yukon XL, Tesla earnings, Maine Mitsubishi Delicas | Autoblog Podcast #689

In this episode of the Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Road Test Editor Zac Palmer. They discuss recently driven cars: the GMC Yukon XL diesel, Maserati Quattroporte Trofeo and Acura TLX Type-S. After that comes recent Tesla news along with cancelled Mitsubishi Delica registrations in the state of Maine. Finally, the editors help a reader spend their money on an affordable crossover. Send us your questions for the Mailbag and Spend My Money at: Podcast@Autoblog.com. Autoblog Podcast #689 Get The Podcast Apple Podcasts – Subscribe to the Autoblog Podcast in iTunes Spotify – Subscribe to the Autoblog Podcast on Spotify RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown What we're driving: 2021 GMC Yukon XL diesel 2021 Maserati Quattroporte Trofeo 2022 Acura TLX Type-S News: Tesla earnings and delays Mitsubishi Delica registrations in Maine Spend my money Feedback Email – Podcast@Autoblog.com Review the show on Apple Podcasts Autoblog is now live on your smart speakers and voice assistants with the audio Autoblog Daily Digest. Say “Hey Google, play the news from Autoblog” or "Alexa, open Autoblog" to get your favorite car website in audio form every day. A narrator will take you through the biggest stories or break down one of our comprehensive test drives. Related video:

Maserati Levante Trofeo gets a twin-turbo V8 transplant from Ferrari

With 590 horsepower and 538 pound-feet of torque, the 3.8-liter twin-turbocharged V8 engine powering the all-wheel-drive Levante Trofeo boasts more power-per-liter than any engine previously installed in a Maserati. Not surprisingly, the engine and its 156-hp-per-liter output are the product of the men from Maranello. The Ferrari-built V8 pushes the Levante Trofeo to 60 miles per hour in 3.7 seconds and on to a top speed of 187 mph. Big power isn't all that makes the Trofeo special. Maserati says its top-shelf Levante boasts a 50:50 weight distribution and a Corsa (race) mode, which means this 'ute ought to be a mighty fine steer. Launch control makes the ludicrous acceleration a repeatable affair, should drivers so desire to rearrange the faces of their passengers at every green light. Maserati Integrated Vehicle Control is supposed to seamlessly prevent driver mistakes instead of correcting them after the fact, as a traditional stability control system would do. In what we assume must be a joke, there's also an Off-Road mode. The interior of the Levante Trefeo is swathed in what Maserati calls "Pieno Fiore" natural leather that is supposed to wear uniquely with age. It's offered in black, red, and tan, all with contrast stitching. The limited launch edition you see here has massive 22-inch matte-finish wheels, matte black paint, glossy carbon fiber exterior bits and matte carbon interior trim. It'll come with a plaque featuring the owner's name and a serial number, but Maserati is only saying a "small number" will be built without giving an exact figure. We'll have to wait for official pricing information and availability, but we're sure it won't come cheap. Related Video: