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  4. Porsche plans to use CO2-reduced steel in cars from 2026

Porsche plans to use CO2-reduced steel in cars from 2026

Published by , Assistant Editor
Global Hydrogen Review,

Porsche AG and the Swedish industrial start-up, H2 Green Steel, have signed an agreement for the supply of CO2-reduced steel. The aim is to further improve the emissions balance of Porsche vehicles by using CO2-reduced steel.

H2 Green Steel plans to produce steel using renewable electricity in Boden, Sweden, starting at the end of 2025. From 2026, Porsche and various direct Porsche suppliers of production material are to be supplied with near zero-emission steel from the company. This agreement marks the second contract between H2 Green Steel and a company in the Volkswagen Group, following that of Scania announced earlier in 2023.

The material would have one of the lowest carbon footprints on the market. H2 Green Steel relies on an innovative production process, utilising hydrogen and electricity from renewable energy sources. Production of the steel is therefore almost CO2-free. Up to 35 000 t of the low-emission steel produced in Sweden are to be used per year for the series production of Porsche vehicles.

"Porsche is working towards a carbon-neutral balance sheet across the value chain for its cars by 2030. CO2-reduced steel plays a key role in our sustainability strategy. With the steel from H2 Green Steel, we aim to further reduce the CO2 emissions caused by this important material," explained Barbara Frenkel, Executive Board Member for Procurement at Porsche AG.

Read the article online at: https://www.globalhydrogenreview.com/hydrogen/01112023/porsche-plans-to-use-co2-reduced-steel-in-cars-from-2026/

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