Volvo launches world-first vehicle using fossil-free steel

In a world first, Volvo Group revealed a vehicle made of fossil-free steel produced by SSAB. The machine, a load carrier for use in mining and quarrying, was unveiled at an event in Gothenburg on October 13.

During the green steel collaboration event, it was also 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 event, which was broadcast online, provided an opportunity to the attendees to see the world’s first machine made of fossil-free steel. In addition, insights about yet another ground-breaking sustainable steel collaboration were shared.

Mr. Thierry Breton, EU Commissioner for Internal Market, and the Swedish Minister of Enterprise and Innovation, Mr. Ibrahim Baylan, also joined the event.

“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,” said Mr. Martin Lundstedt, President and CEO Volvo Group.

Mr. Martin Lindqvist, President and CEO at SSAB, said, “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.”