Michelin is entering into a partnership with Swedish firm Scandinavian Enviro Systems (Enviro) to develop and industrialise on a large scale pyrolysis technology to recycle end of life tyres into raw materials. The two companies signed a shareholding subscription today that will see a subsidiary of the tyre maker, Michelin Ventures SAS, acquire a 20 per cent stake in Enviro.
Michelin and commercial insurance provider HDI Global SE have entered into a partnership to reduce road risk for vehicle fleets. Fleet vehicles will be equipped with a connected box to collect driving data, which is processed and fed back to the driver via the Ideal Driver Pro application and to the fleet manager via an indicator report. Through this method each vehicle will produce a “driving score,” designed to increase understanding of the impact of driving behaviour on claims rates, and to identify risky driving behaviours and provide professionals with the necessary means to raise awareness and train drivers with a coaching module.