Volvo Cars is taking a bold step towards a greener future with the announcement of a new partnership with Swedish steelmaker SSAB to source nearly zero-emission recycled steel, starting in 2025. The agreement makes Volvo the first car manufacturer to integrate this innovative material into series production.
The recycled steel will debut in the company’s new all-electric EX60 SUV and other upcoming models built on Volvo’s next-generation SPA3 platform.
“Steel accounts for 25 percent of all emissions related to materials for a new Volvo car,” said Francesca Gamboni, Volvo Cars’ supply chain director. “This shift to recycled steel with minimal CO₂ emissions will significantly reduce our climate impact.”
According to SSAB, its recycled steel cuts carbon dioxide emissions by nearly 100 percent compared to traditional steel production methods, while offering the same durability, strength, and safety standards required in automotive manufacturing.
The initiative is part of Volvo Cars’ ambitious climate agenda. The company aims to become carbon neutral by 2040 and reduce CO₂ emissions per vehicle by 65 to 75 percent by 2030. By that time, Volvo intends for 30 percent of the materials used across its fleet to be recycled, with each new model containing at least 35 percent recycled content.
This pioneering move reinforces Volvo’s leadership in sustainable innovation, pushing the automotive industry towards cleaner production and contributing to global efforts to combat climate change.
Source: Volvo