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Volvo Unveils World's First Vehicle Using Fossil-free Steel

volvo oct13 lt

Volvo Group (VOLVY.PK) on Wednesday launched the World's first vehicle using fossil-free steel.

The company unveiled a load carrier for use in mining and quarrying, made of fossil-free steel from SSAB, at a green steel collaboration event on October 13, 2021, in Gothenburg hosted by Martin Lundstedt, President and CEO Volvo Group.

During the event, the company said more vehicles and components using fossil-free steel from SSAB are expected to follow in 2022.

"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," said Martin Lundstedt, President and CEO Volvo Group.

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