CAR-E is an exchange platform between automobile wrecking yards and final users (mechanics and private clients) that optimizes the reuse of car parts and at the same time discourages their underground, elicit trade. It allows tracing the whole process of buying and selling used car parts, guaranteeing a valid alternative to the use of non-original car parts and making it easier to intercept fake parts.
CAR-E will operate on the used car parts market, which worldwide is second only to the construction industry in terms of waste production. In the last 15 years the used car parts market has grown by 156,4% in Europe (with an increase from 78 to 200 billion Euros).
To date provisioning for drivers who want to repair their car with used pieces is complex and mainly based on local resources: there are no large-scale platforms to both find and deliver parts across the whole country.
For the trade category (scrapyard) CAR-E introduces innovative and standardisation instruments for a rather outdated category at European level: the streamlining of disassembly processes is forced, as well as the resulting increase in efficiency for the scrapyard, as the standardisation of the process to introduce pieces on the platform is a process designed to guarantee the quality of the products sold. The adopted effectiveness of the process is also monitored and validated by the statistics generated by the platform itself.
On a wider scale, CAR-E will indirectly produce a positive impact on the environment, thanks to the recycling of tons of raw material, that would otherwise be destined to be demolished into trash; in this way it will support a circular form of economy. From an environmental standpoint, the project will potentially contribute with the reduction by 80% of CO2 production thanks to the reintroduction of used spare parts on the market.
The feasibility study revealed the great potential of the project in terms of its impact on the system, both at an economic and social and environmental level, as well as the high economic potential guaranteed for the platform and target customers. This is why Giunko intends to carry forward the idea through the implementation of the platform, by enhancing the company structure until it reaches the go-to market point.
