Site icon TechNewsBoy.com

Volvo Trucks says launches world’s first fossil-free steel vehicle

Truck maker AB Volvo said on Wednesday it had produced a prototype of what it said would be the world’s first vehicles made of fossil-free steel.

Volvo and steel-maker SSAB announced in April an agreement to produce the vehicles and start the production of prototypes this year.

Volvo, which aims to be climate-neutral by 2040, said the first concept machine was a load carrier for use in mining and quarrying.

“This initiative with SSAB sets the benchmark for a fossil-free future,” Volvo CEO Martin Lundstedt said in a statement.

Volvo added that smaller-scale series production was planned by 2022, with mass production to follow.

SSAB, state-owned utility Vattenfall and miner LKAB said in August that fossil-free steel had been delivered to Volvo as a trial run before their green steel venture HYBRIT starts full commercial production in 2026.

Volvo Cars, owned by China’s Geely Holding which also has a stake in AB Volvo, aims to be fully electric by 2030 and is also working with SSAB to explore the use of fossil-free steel in the automotive industry.

A ‘green’ shift in the transport sector, which generates roughly a quarter of global carbon dioxide emissions, is widely seen as important to help align with global climate goals.

FacebookTwitterLinkedin


For all the latest Technology News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! TechNewsBoy.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – abuse@technewsboy.com. The content will be deleted within 24 hours.
Exit mobile version