TNI || New Delhi || 14th Oct 2021
Truckmaker, AB Volvo has said that it has produced a prototype of the world’s first vehicle that is made out of fossil-free steel.
The collaboration of Volvo and steelmaker SSAB was announced in April with an agreement in order to manufacture vehicles and begin the prototype this year itself.
The truckmaker plans to become climate-neutral by 2040 and has said that the first concept machine could be a load carrier used in mining and quarrying.
As per martin Lundstedt, the initiative with steelmaker SSAB will set a benchmark for a fossil-free future.
There is a smaller-scale series production planned by 2022, and that will follow a mass production.
SSAB had earlier said that fossil-free steel had been delivered to Volvo as a trial run before HYBRIT, a green steel venture would begin its full-scale commercial production in 2026.
Volvo Cars, which is owned by China’s Greely Holding, also aims to be completely electric by 2030 and is also working with SSAB to explore fossil-free steel use in the automotive industry.