Volvo Cars is first car maker to join SteelZero initiative in support of fossil-free steel ambitions
Volvo has always focused on being a leader in climate action, from the design of our vehicles, to the inside of our facilities. As of today, all Volvo Cars European plants are run on 100% clean electricity, while our Torslanda plant in Sweden is fully climate-neutral. Our ambition is to be climate neutral by 2040, and aim to become a fully electric car maker by 2030. As time brings innovation of new products that can reduce our carbon footprint, Volvo Cars has become the first car maker to sign up to the SteelZero initiative, which aims to increase demand for fossil-free steel and accelerate a transition to carbon neutrality in the global steel industry. By becoming a part of the SteelZero initiative, Volvo is striving to achieve CO 2 -based steel sources by 2030, and b y 2050, all the steel sources should be net-zero steel, which is in line with our ambition to be climate neutra...
