In recent years the focus has very much been on the rise and impact of electric vehicles, alongside the push towards autonomous driving and increased connectivity. But added to these two great drivers is a crucial third element, namely the need to make the industry more sustainable and circular.
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A circular car refers to a theoretical vehicle that has maximised materials efficiency. Such a vehicle produces zero materials waste and zero pollution during manufacture, usage, and disposal.
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For circularity to become embedded in the automotive industry, it is essential that a common language around what constitutes sustainable economic activity is created.
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The move toward circularity and sustainability is already having a significant impact on M&A activity, driving a number of transactions across the automotive sector.
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