The Future Is NEUTRAL took part in the ChangeNOW 2024 Summit, the biggest event for positive impact solutions for the planet, from March 25 to 27 at the Grand Palais Éphémère in Paris.
As a unique partner to the automotive world, The Future Is NEUTRAL was there to present its circular economy solutions. They are designed to meet the needs of all players in the sector and adapted to each phase of the vehicle’s life cycle from sourcing and producing to the usage and the end-of-life.
Taking part in ChangeNOW was an opportunity to highlight The Future Is NEUTRAL’s long-standing expertise in the automotive circular economy. The company’s activity consists in developing, on an industrial and European scale, a closed-loop automotive circular economy, from car to car. It targets all players in the automotive industry and support them in their efforts to reduce their impact on natural resources.
Over the three days, The Future is NEUTRAL manned a stand in the zone dedicated to the circular economy. Two key moments marked its participation:
As the first company 100% dedicated to the automotive circular economy in Europe, it was an obvious choice for The Future Is NEUTRAL to partner with a global event aiming to positively impact the planet.
Jean Denis Curt, Expert Leader Circular Economy, Strategic Materials & LCA, explains the automotive circular economy solutions at each phase of the vehicle’s life cycle, from sourcing and producing to the usage and the end-of-life, presented on The Future Is NEUTRAL booth at ChangeNOW 2024.
The 2023 edition of ChangeNOW, the international event dedicated to environmental solutions was held in Paris last May. At the show, The Future is NEUTRAL was identified as a player driving change within the automotive sector, which is currently undergoing a profound ecological transition. In a speech devoted to the circular economy, Jean-Philippe Bahuaud, CEO, The Future is NEUTRAL, underlined the challenges at stake regarding closed-loop recycling in his field.
The Future is NEUTRAL is a holding company that sprung from Renault Group’s environmental activities in October 2022. Its purposes is to offer closed-loop recycling solutions to the automotive industry at each step of the vehicle life-cycle, from the supply of parts and materials to the car’s end of life.
Despite being 85% recyclable, cars only contain between 20 to 30% recycled materials and The Future is NEUTRAL aims at reversing this trend so that more recycled materials go back into the production of new cars, as Jean-Philippe Bahuaud underlined during the ChangeNOW show.
“Our aim is to make sure the automotive industry decreases the amount of virgin materials they use to produce new cars. In addition to preserving natural resources, circularity is also a solution for car manufacturers to reduce their carbon footprint alongside all the work that is done with regards to energy transition and the move towards electric mobility.”
Jean-Philippe Bahuaud also addressed the challenges at stake regarding circular economy and the automotive industry, mainly having enough sourcing of end-of-life cars materials, the right network of recycling experts, basically the possibility to go at scale so that recycling used car parts is profitable and sustainable enough to make the long run. And this is where The Future is NEUTRAL’s partnerships kick-in, he said, since the company brings together the expertise and track-record of its partners and subsidiaries, each offering end-to-end solutions for recycling, reuse and renovation.
Indra’s 2023 edition of its annual convention was held on 29 and 30 January in Monaco, in the South of France. The convention brought together over 500 people and 175 approved EOL center companies. A record. It welcomed several external speakers, representatives of the PFA (French automotive industry platform) and independent organizations such as the ADEME (Environment and Energy Management Agency) and the IDDRI (Institute for Sustainable Development and International Relations).
In his introduction, Loïc Bey-Rozet, CEO of Indra, underlined the growth opportunities brought about by the Agec law – the anti-waste law for a circular economy – which now involves the end-of-life vehicles (EOL) sector. He mentioned the key role EOL centers will play in this regulatory context and the energy transition of the automotive sector. “The planets are now aligned, with manufacturers becoming aware of the need to build up an extensive supply of parts from the circular economy (PIEC) for car repairs and to increase the reintegration of recycled automotive materials into the production of new vehicles,” he said.
Jean-Philippe Bahuaud, CEO of The Future is NEUTRAL, Indra’s shareholder, presented the company’s strategy and underlined its mission to accompany the automotive industry in this transition with its closed-loop recycling solutions throughout the vehicle’s life cycle.
The challenges of the Agec law were again at the heart of the discussions during a round table of experts. The convention went on with working sessions and exchanges between participants.
Loïc Bey-Rozet, CEO Indra, at Indra’s annual convention
