Autoliv, Inc. (automotive safety systems company) and steelmaker SSAB will research and develop fossil-free steel components for automotive safety products, such as airbags and seatbelts.
The collaboration enables Autoliv to be at the forefront in producing automotive safety products with fossil-free steel from SSAB. The steelmaker aims to start supplying the market with fossil-free steel at a commercial scale in 2026.
Mikael Bratt, CEO of Autoliv, said, “Gradually switching to fossil-free steel in our products is an important step towards achieving our climate targets.”
Martin Lindqvist, CEO of SSAB, added, “We are looking forward to working with Autoliv and to start the process of research and development of innovative fossil-free steel components for their automotive safety products.”
In a separate development, GFG Alliance, owner of Liberty Steel Group, has launched a major new three-way policy partnership with Green Alliance, the University of Sheffield Advanced Manufacturing Research Centre, and Bright Blue during the COP26 summit in Glasgow, UK.
The aim is to set out thinking on policies required to develop a sustainable future for UK steel with investor support for the decarbonisation of steel production.
Green Alliance is an independent think tank and charity focused on ambitious leadership for the environment. The University of Sheffield Advanced Manufacturing Research Centre (Amrc) is a network of world-leading research and innovation centres working with manufacturing companies around the globe. Bright Blue is an independent think tank for liberal conservatism, seeking to defend and improve liberal society.
Sanjeev Gupta, GFG Alliance Executive Chairman, said, “Clear thought and commitment from policy-makers and business leaders is needed to unlock investment in decarbonising steel production.”
Shaun Spiers, Green Alliance Executive Director, added, “Early investment in renewables a decade ago turned a profit for investors, cut consumer bills, and turned coal power plants into stranded assets.”
Steve Foxley, Amrc CEO, noted, “A net-zero future for our planet requires a sustainable steel industry and it is essential that innovation is at its heart.”
Wilf Lytton, an Associate Fellow at Bright Blue, said, “Green steel is an indispensable building block of the net-zero future we are heading towards, and the UK’s steelmakers can play a leading role in producing it.”