Circular economy strategies in the automotive industry: fostering social innovation for sustainable mobility

Abstract

This study explores the relationship between "Fostering Social Innovation for Sustainable Mobility" and "Circular Economy Strategies in the Automotive Industry." Using the Technique for Order of Preference by Similarity to the Ideal Solution (TOPSIS) method, the research assesses literature supported by eight strategy alternatives in the automotive industry. Battery Recycling & Reuse Programs emerge as a top significant strategy in the analysis, which rates the strategy alternatives and highlights the significance of circular behaviors in waste reduction. The findings also emphasize the importance of supporting socioeconomic inclusion in sustainable mobility programs. The results highlight the necessity to integrate social innovation and environmental sustainability in a balanced way to bring about transformative change in the automobile sector.