BMW Group and PreZero, the circular economy company that forms part of the Schwarz Group, have signed a strategic cooperation agreement to develop a business model for recycling end-of-life vehicles across the European automotive industry.
The two companies said the partnership aims to create closed-loop material cycles, reduce dependence on primary raw materials and make supply chains more resilient by using end-of-life vehicles as a source of secondary materials.
Under the agreement, signed at the IPAI campus in Heilbronn, Germany, the companies will jointly test recycling processes and develop new approaches to material flow management. BMW Group said it will contribute design for recycling expertise and insights from its in-house Recycling and Dismantling Centre, while PreZero will share knowledge of European material flows and sorting technologies, as well as its expertise as one of Europe’s leading battery recyclers.
The partnership will initially focus on keeping vehicle components in use for as long as possible, before recovering materials including steel, aluminium, plastics and battery raw materials through recycling processes.
Ralf Hattler, Senior Vice President of Customer Support and Aftersales at BMW Group, said: “Together with PreZero, we are creating the conditions needed to design a vehicle’s entire value chain in a way that keeps materials and components of the highest quality in the loop for as long as possible.”
Carsten Dülfer, Chief Executive Officer of PreZero in Germany, added: “After acquiring Europe’s largest battery recycling facility last year, we are now taking the next step with the BMW Group towards establishing a functional circular economy in the automotive industry.” (05/02/26) More from this publication (Automotive World) - link - more like this (BMW) - link - more like this (PreZero) - link
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