NEXUS Automotive International was among around 40 leading organisations and environmental influencers gathered for the launch of the Circular Car Initiative (CCI), a multi-stakeholder drive led by the World Economic Forum to decarbonise the automotive manufacturing sector.
The launch, on Thursday 23rd January, took place during the World Economic Forum’s Annual Meeting in Davos, in the Swiss Alps.
CCI is a collaboration between the World Economic Forum, the World Business Council for Sustainable Development and Climate-KIC, the European Institute of Technology’s knowledge and innovation community.
It has enlisted the support of a consortium of private and public sector partners along the automotive value chain who are committed to taking action to help restrict global warming to within 1.5C° above pre-industrial levels.
The CCI launch event was titled ‘The race to zero: eliminating auto industry emission across the value chain’ and highlighted the importance of transforming the automotive industry in the face of the climate emergency.