Volvo Group Unveils its First Vehicle Made of SSAB’s Fossil-Free Steel

More vehicles and machines will follow in 2022 in a series of concept vehicles and components using fossil-free steel from SSAB.

"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," says Martin Lindqvist, President and CEO at SSAB.

"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 organizations and industries work in collaboration to develop innovative new solutions for a greenhouse gas emission free future."

"Volvo Group is committed to pioneering partnerships such as this with SSAB to develop attractive, safe and efficient new vehicles and machines that pave the way for a more sustainable transport and infrastructure system adopted for the future," says Martin Lundstedt, President and CEO Volvo Group.

In 2026, SSAB plans to supply the market with fossil-free steel at a commercial scale after a conversion of its Oxelösund blast furnaces into an electric arc furnace and by using HYBRIT technology, which replaces coking coal traditionally needed for iron ore-based steelmaking, with fossil-free electricity and hydrogen.

This process is a deciding move toward virtually eliminating carbon dioxide-emissions in steel production.