Volvo Unveils The World's First Vehicle Built Entirely Of Fossil-Free Steel

Volvo has introduced the world's first fossil-free steel vehicle, as part of a broader effort to decrease emissions throughout its whole supply chain. According to the Swedish producer SSAB, the load carrier was manufactured using "green steel."

This type of steel is normally used in mining and quarrying. Volvo claims that steel and cast iron account for 70% of a truck's weight and that decarbonizing its manufacturing process is critical to reaching climate neutrality by 2040. The first small-scale series will launch next year, followed by larger-scale production.

A fossil-free future will have a new benchmark thanks to the Volvo Group and SSAB partnership, according to Volvo CEO Martin Lundstedt. Organizations and businesses must work together to find creative approaches for a future free of greenhouse emissions in the same way that nations join together at COP26 to combat climate change.

A new factory in Hofors, Sweden, will use hydrogen to heat steel before rolling for the first time in a collaboration between Volvo and steel producer Ovako, Volvo revealed. As a result, steel production is estimated to greatly cut CO2 emissions, and the extra hydrogen generated will be used to drive local hydrogen fuel cell electric automobiles (FCEVs). Volvo and Ovako claim that this indicates the cost savings that can be achieved when industries collaborate.