Swedish steel maker SSAB & electric car company Polestar have signed a letter of intent to start strategic collaboration to create a climate-neutral car. The vehicle will be developed in close cooperation in a joint effort to advance climate mitigation and to create more sustainable mobility. The Polestar 0 project, announced in 2021, aims to create a climate-neutral car by 2030 by eliminating emissions from the supply chain. Steel has a decisive role in achieving this goal and thus in offsetting the transport sector’s major climate footprint. The collaboration will explore all the possibilities for SSAB’s fossil-free steel, both with the aim to replace conventional steel normally used in cars, as well as to seek to replace other materials that have a significant carbon footprint.SSAB aims to be the first steel company in the world to deliver, in 2026, fossil-free steel to the market. In January 2022, SSAB took a policy decision to fundamentally transform Nordic strip production and accelerate the company’s green transition. The decision was taken against the background of strongly growing demand for fossil-free steel. The ambition is to largely eliminate carbon dioxide emissions in around 2030, 15 years earlier than previously announced. In 2021, SSAB signed a number of strategic partnerships for fossil-free steel with customers such as Volvo Group, Volvo Cars, Cargotec, Daimler/Mercedes and Peab.
Swedish steel maker SSAB & electric car company Polestar have signed a letter of intent to start strategic collaboration to create a climate-neutral car. The vehicle will be developed in close cooperation in a joint effort to advance climate mitigation and to create more sustainable mobility. The Polestar 0 project, announced in 2021, aims to create a climate-neutral car by 2030 by eliminating emissions from the supply chain. Steel has a decisive role in achieving this goal and thus in offsetting the transport sector’s major climate footprint. The collaboration will explore all the possibilities for SSAB’s fossil-free steel, both with the aim to replace conventional steel normally used in cars, as well as to seek to replace other materials that have a significant carbon footprint.SSAB aims to be the first steel company in the world to deliver, in 2026, fossil-free steel to the market. In January 2022, SSAB took a policy decision to fundamentally transform Nordic strip production and accelerate the company’s green transition. The decision was taken against the background of strongly growing demand for fossil-free steel. The ambition is to largely eliminate carbon dioxide emissions in around 2030, 15 years earlier than previously announced. In 2021, SSAB signed a number of strategic partnerships for fossil-free steel with customers such as Volvo Group, Volvo Cars, Cargotec, Daimler/Mercedes and Peab.
