SSAB to Supply Volvo Car With Zero-Emission Steel

Dow Jones
2025/06/12
 

By Dominic Chopping

 

STOCKHOLM--Swedish steelmaker SSAB will supply Volvo Car with steel produced with almost zero fossil-carbon emissions.

Delivery of the steel, known as SSAB Zero, will begin this year and be used in key components for the automaker's upcoming fully electric EX60 SUV as well as other cars based on its next-generation car design.

SSAB Zero is steel made of recycled scrap metal and produced with fossil-free electricity and biogas.

"One of the biggest sources of [carbon-dioxide] emissions in our production process is the steel we use to build our cars, averaging 25% of all material-related emissions for a new Volvo car," said Volvo Car's chief manufacturing and supply chain officer, Francesca Gamboni.

"We are working towards achieving net-zero greenhouse gas emissions by 2040, and cutting steel-related emissions really has the potential to move the needle."

 

Write to Dominic Chopping at dominic.chopping@wsj.com

 

(END) Dow Jones Newswires

June 12, 2025 03:16 ET (07:16 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10