The Swedish multinational manufacturing company Volvo and the Swedish steel manufacturer SSAB has joined together to build first fossil-free steel trucks.
Volvo will start manufacturing the first concept vehicles and machines with steel from SSAB using hydrogen already in 2021.
Plans are for smaller-scale serial production to start during 2022 and for a gradual escalation towards mass production to follow.
Volvo and SSAB will also work together in research and development to optimise the use of steel in Volvo’s products with regard to weight and quality.
Together, the two companies will develop a number of products of fossil-free steel with the goal of reaching serial production within a few years.
Martin Lundstedt, The President and Chief Executive Officer of Volvo Group said:
“We are determined to be a climate-neutral company by 2050 in line with the Paris Agreement,”
“This means that our vehicles and machines will be emission-free when in operation but also that we will review the materials, like steel,”
“used in our products and will gradually switch to fossil-free alternatives here as well. This is an important step on the road to completely climate-neutral transports.”
Volvo Group drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase customers’ uptime and productivity.
SSAB is a leading producer in the global market of Advanced High-Strength Steels (AHSS) and Quenched & Tempered Steels (Q&T), strip, plate and tube products, as well as construction solutions.
SSAB’s steels and services help to make end products lighter and increase their strength and lifespan.
SSAB aims to start supplying the market with fossil-free steel at a commercial scale in 2026. Development of a fossil-free value chain from mine to finished steel products will take place within the framework of the HYBRIT initiative.
