Volvo launches world's first vehicle using fossil free steelPublished 23/11 at 15:23
Volvo Group is proud to reveal the world's first vehicle made of fossil free steel from SSAB made at Volvo Construction Equipment's facility in Braås, Sweden. Volvo has also announced that more vehicles will follow in 2022 in what will be a series of concept vehicles and components using fossil free steel.
The newly developed load carrier for use in mining and quarrying was unveiled at a ‘green steel’ collaboration on 13 October in Gothenburg, hosted by Melker Jernberg, president of Volvo CE, and Martin Lundstedt, president and CEO Volvo Group. The event was broadcasted online with the attendees seeing the world's first machine made of fossil free steel. In addition, insights about other sustainable steel collaborations were shared. In attendance was the EU commissioner for internal market, Thierry Breton, the Swedish minister of enterprise and innovation, lbrahim Baylan, as well as Martin Lindqvist, CEO SSAB.
Melker Jernberg says of the innovation: “Our ambition is to have fossil free steel used across all our products, with a step by step approach. This machine is proof that we really can make fast progress when we work together in strong partnerships, when we are determined to act, and we enable our skilled people to contribute to building the world we want to live in, not only for our generation, but for generations to come. Our team in Braås is understandably proud to help make this innovation happen.”
“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 organisations 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,” added Martin Lundstedt.
Volvo has committed to be climate neutral and achieve net zero value chain greenhouse gas emissions by 2040. Along with the electrification of its offering, Volvo is determined to reduce the carbon footprint of its entire supply chain and this latest innovation is one step forward on this path. “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.
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 being even greater. This first concept machine, produced at Volvo CE's facility in Braås, is just the start, with smaller scale series production planned by 2022, and mass production set to follow.