Volvo Group reveals world’s first vehicle using fossil-free steel
The load carrier, to be used in mining and quarrying, was unveiled at a green steel collaboration event today in Gothenburg
The Volvo Group has taken the covers off the world-first vehicle made of fossil-free steel from SSAB. During today’s green steel collaboration event, it was announced that more vehicles will follow in 2022 in what will be a series of concept vehicles and components using fossil-free steel from SSAB.
The machine, a load carrier for use in mining and quarrying, was unveiled at a green steel collaboration event today in Gothenburg hosted by Martin Lundstedt, President and CEO Volvo Group.
“This initiative with SSAB sets the benchmark for a fossil-free future. Just as the nations of the world come together at COP26 to address climate change, so too must organizations and industries work in collaboration to develop innovative new solutions for a greenhouse gas emission free future. Volvo Group is committed to pioneering partnerships such as this with SSAB to develop attractive, safe and efficient new vehicles and machines that pave the way for a more sustainable transport and infrastructure system adopted for the future,” says Martin Lundstedt, President and CEO Volvo Group.
“Having the world´s first actual vehicle made using SSAB´s fossil-free steel is a true milestone. Our collaboration with Volvo Group shows that green transition is possible and brings results,” says Martin Lindqvist, President and CEO at SSAB. “Together, we will continue reducing climate impact all the way to the end customer while ensuring that our customers get high-quality steel. We look forward to continuing to work with Volvo Group in research and development to produce more fossil-free steel products.”
A move toward green steel is an important step for Volvo Group, as well as for the transport and infrastructure industries as a whole, particularly considering that around 70% of a truck’s weight comes from steel and cast iron, with the figure for Volvo machines even higher.
Volvo says this first concept machine, produced at Volvo CE’s facility in Braas, will be followed with smaller-scale series production planned by 2022, and mass production set to follow.
Volvo also provided further details of its collaboration with steel firm Ovako, which plans to use a new plant in Hofors, Sweden, to heat steel with hydrogen prior to rolling for the first time. The model is expected to "greatly reduce CO2 emissions" in steel production, and surplus hydrogen created in the process will be used to power local hydrogen fuel cell electric vehicles (FCEVs).
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