Mercedes-Benz AG is your first automobile maker to choose an equity stake from start-up H2 Green Steel (H2GS) as a means to present CO2-free steel to series production.
The partnership with HSGS is just another step towards CO2 neutrality, which Mercedes-Benz is currently pursuing within Ambition 2039, its aim to reach a totally connected and CO2 unbiased automobile fleet in 2039 – twenty years before compared to EU legislation takes place.
“As a preferred partner of this startup, we’ll be starting green steel at many different car models as soon as 2025,” says Markus Schäfer, Member of the Board of Management of Daimler AG along with Mercedes-Benz AG.
A Mercedes‑Benz automobile is such as made from approximately 50% steel, that accounts for roughly 30 percent of CO2 emissions in manufacturing.
With the venture, Mercedes-Benz is handling one of the greatest hurdles in the automotive sector across the path to CO2 neutrality.
H2 Green Steel (H2GS) was set in 2020, intending to construct a large scale fossil-free steel manufacturing center in northern Sweden.
H2GS will create 5 million tons of fossil-free steel by 2030.
In the new procedure, the provider utilizes hydrogen and electricity by 100% renewable energy resources rather than coking coal from steel production.
The hydrogen acts as a reduction gasoline, which releases and also binds the oxygen in the ore.
Unlike the usage of coking coal, this doesn’t produce CO2, however water.
