HYBRIT — a joint venture between SSAB, Vattenfall, and mining company LKAB — aims to revolutionize a steel industry that, by some estimates, produces nearly 10% of all harmful greenhouse gas emissions.
In a bid to meet its stated “carbon free” goals, Volvo is teaming up with Swedish steel manufacturer SSAB and its HYBRIT initiative, which is being called “the industry’s most ambitious and advanced project” in terms of fossil-free steel development.
“We’re electric, so we don’t have to worry about combustion engines producing toxic emissions – but that doesn’t mean our job is done,” says Polestar’s Head of Sustainability, Fredrika Klarén. “We will now work to eradicate all emissions stemming from production.”
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