STOCKHOLM — Swedish truck maker AB Volvo and metal maker SSAB have signed an settlement to supply the world’s first automobiles made from fossil-free metal, the businesses stated on Thursday.
Volvo plans to begin manufacturing this 12 months of prototype automobiles and parts from metal made by SSAB utilizing hydrogen produced from renewable power. Small-scale serial manufacturing will begin in 2022.
“This is a vital step on the highway to utterly climate-neutral transport,” Volvo CEO Martin Lundstedt stated.
The automobiles and machines shall be emissions-free in operation, Volvo stated, with out specifying how they might run, whereas including the corporate is reviewing all of the supplies used of their development to remove something primarily based on fossil fuels.
It is going to be sourcing metal from inexperienced metal enterprise HYBRIT — which is owned by SSAB, Swedish state-owned utility Vattenfall and Swedish miner LKAB.
Final August, it started check operations in Lulea, Sweden, to interchange coking coal, historically wanted for ore-based metal making, with fossil-free electrical energy and hydrogen, which in flip is produced utilizing solely renewable energy. [L8N2FX3LV]
China’s Geely Holding, which has a stake in AB Volvo, owns Volvo Automobiles, which it has stated shall be absolutely electrical by 2030.