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Groupe Renault has announced the transformation of its site in Flins, France, to create the Re-FACTORY, Europe’s first circular economy factory dedicated to mobility with a negative CO2 balance by 2030.

The company says it’s planning support and training schemes for the employees to develop their skills, and aims to employ more than 3,000 people on the site by 2030.

The Re-FACTORY, to be realized between 2021 and 2024, will involve a large network of multisectoral partners (start-ups, academic partners, major groups, local authorities, etc.) and will be structured around four activity centres whose expertise will support the vehicle’s entire life cycle (supply, eco-design, economy of functionality, maintenance, reuse, remanufacturing and recycling).

Jean-Dominique Senard, Chairman of the Board of Directors of Renault declares: “This announcement is the result of the remarkable work of Renault’s teams and constructive consultation with our stakeholders, including local authorities. The RE-FACTORY is a new breath of life for Renault, its employees and for the entire region’s dynamism. This project is based on our pioneering commitment to the circular economy, on our values, on our know-how and fully meets our ambition to positively transform our industry”.

Luca de Meo, CEO of Renault, adds: “With the RE-FACTORY, Flins will become a European reference in the circular economy. RE-FACTORY will enable the Group to respond to the challenges facing mobility and automotive industry players today – and even more so tomorrow. This plant, with an objective of a negative CO2 balance by 2030, is fully in line with the Group’s global strategy by combining circular economy, reduction of emissions, development of skills and the creation of new value-generating activities.” 

Groupe Renault aims to achieve carbon neutrality in Europe by 2050.

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