“We are encouraged by the continuous development of low carbon solutions. We are making big strides forward with the introduction of low emission materials made from recycled steel with SSAB Zero™ in our products. In parallel with the already introduced fossil-free steel, it is an additional step towards fully climate neutral transport and infrastructure solutions, and our partnership with SSAB is accelerating this ramp-up,” said Martin Lundstedt, president and CEO Volvo Group.

SSAB Zero™ is a fossil carbon emission-free steel based on recycled steel and produced using fossil-free energy, without carbon emission offsetting and mass balancing allocation of emission reductions. The quality and properties of SSAB Zero™ will be equal to SSAB’s conventional steels. The aim is to deliver 40,000 tonnes of SSAB Zero™ to the market in 2023, ramping up to around 100,000 tonnes in 2025.

In 2021, SSAB delivered the world’s first fossil-free steel plates to Volvo Group and in 2022 SSAB delivered 500 tonnes of fossil-free steel to strategic customers.