Volvo Group: World’s First Construction Machine Built Using Fossil-Free Steel
As a global automobile leader, Volvo Group has taken a leap forward in terms of the race to net zero and green transition. The company aims to reduce their emissions already from the start of their value chain, with the materials and equipment that are used in their automobile production.
Today, the global steel industry accounts for some 8% of industrial CO2 emissions worldwide. Since most essential components of trucks, cars and construction machines are made of steel and cast iron, Volvo Group recognizes the need of replacing the traditional emission-heavy materials with the fossil-free and recycled ones.
Therefore, the company has launched a collaboration with Swedish manufacturer SSAB and produced the world’s first vehicle created from fossil-free steel, a hauler, in October 2021. Later in May 2022, Volvo Trucks started to integrate this new technology into parts of its range. Nine months after the unveiling of the first fossil-free vehicle concept, Volvo Construction Equipment became the first manufacturer in the world to deliver a construction machine made with fossil-free steel to a customer.