Circular economy action plan and end of life directive
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Typ
Examensarbete för masterexamen
Master's Thesis
Master's Thesis
Program
Management and economics of innovation (MPMEI), MSc
Publicerad
2023
Författare
Alsheikha, Alaa
Pakshad, Tina
Modellbyggare
Tidskriftstitel
ISSN
Volymtitel
Utgivare
Sammanfattning
Throughout the years, the European Union has enacted an enormous amount of
legislation related to the automotive industry. Efforts are underway in the European
Union to achieve a full Circular Economy. Regarding circularity legislation, Heavy
Duty Vehicles have been overlooked or may not have been as targeted as passenger
cars. Even though Heavy Duty Vehicles are excluded from the End of Life directive,
and they represent a relatively small percentage of the automotive industry, a number
of factors make it worthwhile to explore them further. Volvo Group, one of the key
players in the market, has paid considerable attention to this issue, the Heavy Duty
Vehicles industry has adopted voluntary circular activities, the second-hand market for
Heavy Duty Vehicles is highly active, and the Circular Economy regulatory
framework in the European Union is undergoing rapid development. A decisive
aspect of this thesis focuses on End of Life because the automotive industry already
has a directive regarding End of Life which excludes Heavy Duty Vehicles. Also, the
End-of-Life phase must be considered when transitioning to a circular economy. This
thesis draws upon three main concepts, namely the Circular Economy concept, the
End-of-Life directive, and the Circular Economy Action Plan to determine whether
future legislation will include Heavy Duty Vehicles and how any future End of Life
legislation will affect Heavy Duty Vehicles. Since Volvo Group has an interest in this
thesis, we take our final findings regarding Heavy Duty Vehicles and apply them to
Volvo Group's specificities, resulting in three recommendations for Volvo Group:
developing an effective reverse supply chain, changing its design strategy into a
circular one, and implementing a circular business model.
Beskrivning
Ämne/nyckelord
Circular Economy , End-of-Life , Circular Economy Action Plan