Volvo Cars has signed a supply agreement with SSAB for SSAB Zero steel, making it the first automaker to commit to using decarbonized steel in serial production. SSAB Zero is produced from recycled scrap metal using fossil-free electricity and biogas, resulting in steel with virtually zero fossil carbon emissions.
The steel will be used in key components of Volvo’s upcoming fully electric EX60 SUV and other vehicles based on its next-generation SPA3 architecture. Volvo Cars aims to achieve net-zero greenhouse gas emissions by 2040 and reduce CO₂ emissions per car by 65-75% by 2030.
