Driving Ambitions: The Business Case for Circular Economy in the Car Industry

Published: 18 May 2022
Type: Publication

The circular economy approach enables automotive companies to increase revenues per vehicle by 15-20 times the sales price and significantly improve profitability by maximizing lifetime performance.

This report puts forward the business case for a circular economy in the automotive industry. Circularity requires co-innovation, partnership and data transparency among automotive companies to align on a shared vision of industry-wide circularity and unlock new value pools. The report lays out key components of the circular economy, providing a direct roadmap for strategic transformation and detailing in-depth research on the business potential of a fully circular value chain.

The report was developed by the Circular Cars Initiative – a partnership formed by WBCSD and the World Economic Forum – in collaboration with Accenture.

View the publication.

We use cookies to ensure you get the best experience on our website. By choosing to continue, you agree to our use of cookies. You can learn more about cookies on our privacy policy page.