Porsche and the Swedish industrial start-up H2 Green Steel have signed an agreement to supply CO2-reduced steel. This will enable the sports car manufacturer to improve the carbon footprint of its vehicles.
H2 Green Steel plans to produce steel with renewable energy in Boden in northern Sweden from the end of 2025. Porsche and various direct suppliers of production material are to be supplied from 2026. The material is said to have one of the lowest CO2 footprints on the market. The Swedish company relies on a manufacturing process using hydrogen and electricity from renewable sources. This means that the production of the steel is virtually CO2-free. According to H2 Green Steel, this results in up to 95 percent fewer CO2 emissions than conventional steel production with coking coal. Porsche plans to use up to 35,000 tons of the more climate-friendly produced steel per year for car production (by comparison, 220,000 tons of steel were used to build the brand's vehicles last year in 2022).
Porsche is already relying increasingly on aluminum for lightweight construction. However, steel remains an important element in sports car construction due to its mechanical properties. (aum)
Share this article: