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Honda secures auto industry’s largest renewable energy purchase; 60% reduction in CO2 from N.A. manufacturing operations

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Seeking to slash CO 2 emissions from its North American manufacturing operations, Honda has entered into long-term virtual power purchase agreements (VPPAs) for renewable wind and solar power that will cover more than 60% of the electricity that Honda uses in North America.

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Mercedes-Benz to source CO2-free electricity in Germany from solar, wind and hydropower from 2022 onwards

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Mercedes-Benz is expanding its green power portfolio in cooperation with the energy supplier Enovos and the Norwegian energy producer Statkraft. From 2022 onwards, the company will purchase electricity in Germany which comes exclusively from renewable sources. A green power concept of this type and scale is so far unique in Germany.

Wind 418
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Purem by Eberspaecher to start using CO2-reduced stainless steel in commercial vehicle exhaust systems

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This month, Purem by Eberspaecher starts using Circle Green CO 2 -reduced stainless steel from partner Outokumpu to reduce emissions from the automotive industry. The Circle Green stainless steel achieves a level of less than 0.6 The Circle Green stainless steel achieves a level of less than 0.6

Exhaust 195
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BMW Group secures CO2-reduced steel for global production network

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—Joachim Post, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network. The BMW Group already signed an agreement with Swedish startup H2 Green Steel in October of last year. The plan is to use the steel in series production of cars at the BMW Group’s European plants from 2026 onwards.

BMW 444
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GlobalData: COVID-19 puts EV sales and CO2 fleet emission targets at risk

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GlobalData’s analysis suggests that low oil prices will lead to a longer waits for the reduced fuel costs offered by electric vehicles (EVs) to amortize their higher purchase prices. Higher prices at the pumps mean EVs make up their extra purchase cost sooner, while lower fuel prices see ICE cars remain cheaper than EVs for longer.

CO2 353
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ArcelorMittal and Gonvarri to cooperate more closely on reducing CO2 emissions

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The agreement focuses on the two companies working on common sustainability projects, including the use of ArcelorMittal’s XCarb reduced and low-carbon products, as well as identifying ways to strengthen the circular economy both within and beyond the manufacturing and purchase of steel products.

Emissions 218
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Volkswagen Group and Salzgitter AG sign MOU on supply of low-CO2 steel from the end of 2025

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By the end of 2022, both partners intend to concretise and contractually agree on purchase quantities for the low-CO 2 steel in the period 2025 to 2030. Cooperation between the two companies on green steel has already begun. This year, Volkswagen plans to purchase a further 3,000 tonnes. 3 production in Zwickau.

Low CO2 273