Analysis
October 23, 2021
BMW to Source "Green Steel" from Swedish Startup
Written by David Schollaert
The BMW Group has reported a deal to source low-carbon steel from H2 Green Steel (H2GS) beginning in 2025.
The German automaker will source the green steel from the large-scale, hydrogen-based steel plant H2GS is building in Norrbotten in northern Sweden. At more than 95% lower gross CO2 emissions than conventional production methods, H2GS’s steel will significantly advance the automaker’s mission to reduce its carbon footprint.

