Wednesday, 16 June 2021
Volvo has joined forces with Swedish steel manufacturer SSAB to explore the development of fossil fuel-free steel for its cars. This makes Volvo the first automaker to embark on the search of a green alternative for steel production, which is otherwise responsible for about 7% of global direct carbon emissions. Specifically, steelmaking has a big carbon footprint, generating last year over 3 billion tons of CO2. That’s because the furnaces that melt iron ore to make steel consume vast amounts of coal, which is a major energy source, but a fossil fuel nonetheless. For this reason, Volvo will collaborate with…
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