Green steel would only cost automakers an extra €100-200 per vehicle, but few are willing to pay

Only four of 17 major manufacturers have committed to using any fossil-free steel by 2030, adding up to only 2% of all steel used by sector, says ICCT report

Cars being manufactured at a BMW factory in Munich, Germany.
Cars being manufactured at a BMW factory in Munich, Germany.Photo: Getty
Published 19 September 2024, 12:02Updated 19 September 2024, 12:02
Steelgreen steelUSEuropeInternational Council on Clean Transportation