Stellantis on Tuesday launched a plan for its business unit dedicated to circular economics, which, to cut through the jargon, is a segment of the company dedicated to sustainability and recycling.
The parent company to brands like Jeep, Dodge, Maserati and Peugeot estimates that the new unit will bring in more than €2 billion in revenues by 2030 and drive the company’s carbon net-zero target by 2038.
The move comes nearly five months after Stellantis pleaded guilty to concealing the amount of pollution created by its diesel engines and agreed to pay $300 million to settle allegations of
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Stellantis says circular economy business unit will rake in revenue of €2B by 2030
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