World Economic Forum (WEF)
Consultancy : Trade Group : International
The World Economic Forum is the International Organization for Public-Private Cooperation.The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. It was established in 1971 as a not-for-profit foundation and is headquartered in Geneva, Switzerland. It is independent, impartial and not tied to any special interests. The Forum strives in all its efforts to demonstrate entrepreneurship in the global public interest while upholding the highest standards of governance. Moral and intellectual integrity is at the heart of everything it does.
Assembly Line
Global Lighthouse Network: Unlocking Sustainability through Fourth Industrial Revolution Technologies
The Global Lighthouse Network is a community of production sites and other facilities that are world leaders in the adoption and integration of the cutting-edge technologies of the Fourth Industrial Revolution (4IR). Lighthouses apply 4IR technologies such as artificial intelligence, 3D-printing and big data analytics to maximize efficiency and competitiveness at scale, transform business models and drive economic growth, while augmenting the workforce, protecting the environment and contributing to a learning journey for all-sized manufacturers across all geographies and industries.
Circular Car Factories
The next big shift will be an environmentally friendly movement dubbed the “circular auto factory.” According to some experts, the circular cars initiative will reshape the auto industry during the next two decades, as OEMs and suppliers attempt to achieve net-zero carbon emissions across the entire vehicle life cycle.
The term “circular car” refers to a theoretical vehicle that has efficiently maximized its use of aluminum, carbon-fiber composites, glass, fabric, rubber, steel, thermoplastics and other materials. Ideally, it would produce zero material waste and zero pollution during manufacture, utilization and disposal.
One of the key elements of a circular car factory is a closed-loop recycling program where disassembly lines are housed in the same facility as traditional final assembly lines. All vehicle components and materials are remanufactured, reused and recycled at the end of life.