Volkswagen Group Signs MOU with Vulcan for Green Steel (chemanalyst.com)
Volkswagen AG and Vulcan Green Steel have entered into a Memorandum of Understanding (MoU) to collaborate on low-carbon steel, a pivotal component of Volkswagen’s strategy for sustainable steel. "Decarbonizing our supply chains is crucial for the Volkswagen Group as we progress towards carbon neutrality. Our aim is to achieve this by 2050 at the latest, and integrating low-carbon steel is a significant stride in this direction.
Adopting green steel will enhance the environmental sustainability of Volkswagen's supply chains moving forward," stated Dirk Große-Loheide, Member of the Board of Management of the Volkswagen Brand overseeing Procurement and a member of Volkswagen AG’s Extended Executive Committee."
Automative industry pressure is heating up. Loving it!
Understanding the demand for Green Steel, page-733
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