Volvo Tests Green Steel for Cars

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Sweden's Volvo Cars plans to test the manufacturing of autos with "green steel" that uses hydrogen and renewable power to replace coking coal in the steel-making process. Volvo Cars -- which is Chinese owned -- will sell only electric cars from 2030, dropping all hybrid, gasoline and diesel models from its lineup. It is teaming up with Swedish steel maker SSAB, which has developed a fossil-free steel production method using renewable power and hydrogen instead of fossil fuels and coking coal. Steel production accounts for about 7% of the world's man-made carbon emissions but it is difficult to decarbonize. SSAB hopes to be supplying green steel on a commercial scale by 2026 and Volvo Cars plans to be the first auto-maker to use it in its vehicles. Sweden's AB Volvo sold Volvo Cars to Ford in 1999 and it became a subsidiary of China's Geely company in 2010. Volvo Cars says roughly 35% of the CO2 emissions generated during production of a gasoline or diesel car come from iron and steel manufacturing, but that percentage falls to 20% for an electric vehicle.

Carbon Capture (CCS), Hydrogen, Electric Vehicles
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