Stellantis and Galloo form joint venture for end-of-life vehicle recycling

Stellantis and metal recycler Galloo announced in June 2023 that they had signed a memorandum of understanding to enter into exclusive negotiations on the establishment of a joint venture focused on end-of-life vehicle (ELV) recycling. The joint venture will work with selected authorized processing plants to collect ELVs from scrap yards, enabling the recovery of parts for reuse, remanufacturing and recycling.