Mercedes-Benz Accelerates Sustainable Steel Supply Chain With H2 Green Steel Partnership
Mercedes-Benz AG has taken a significant step towards achieving its sustainability goals with a new supply agreement and Memorandum of Understanding (MoU) with Swedish start-up H2 Green Steel (H2GS). This partnership aims to establish a robust and sustainable steel supply chain, reducing carbon emissions and promoting local manufacturing. The collaboration supports the automaker’s ambitious “Ambition 2039” initiative, which aims to make its fleet of vehicles net carbon-neutral by 2039. Sourcing CO2-Free Steel: A Crucial Milestone for Mercedes-Benz In a major breakthrough, Mercedes has secured a supply agreement with H2GS. According to the company’s press release, the deal guarantees approximately 50,000 tons of almost CO2-free steel annually. H2GS, utilizing an innovative… Continue Reading »