As commercial vehicles increasingly run on electrified solutions, reducing the emissions when the product is in use, the environmental footprint from the supply network and production becomes increasingly important. Since steel is one of the main input materials in the manufacturing of trucks, buses and construction machines, a shift towards green steel is a vital element for Volvo Group’s continued journey towards decarbonisation.
The long-term supply agreement placed from Volvo Group is for green steel from H2 Green Steel’s new plant in Boden in Northern Sweden. Start of production is planned for end of 2025. Deliveries to Volvo Group will start mid-2026.
It’s a clear sign of confidence in both our company and our product
“The commercial vehicle industry has actively been driving the demand for green steel, validating the market interest. When an undeniable large player like Volvo Group, working at the forefront of sustainable change, places a customer order it’s a clear sign of confidence in both our company and our product,” says Carl-Erik Lagercrantz, vice chairman of H2 Green Steel.