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BMW Group plans to source steel produced with green power and hydrogen from H2GS in Sweden

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From 2025 on, the company plans to source steel produced with up to 95% less CO 2 emissions and without requiring fossil resources such as coal. H2 Green Steel is building its steel production site in the province of Norrbotten in northern Sweden, close to the Arctic Circle.

Sweden 341
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Northvolt assembles first lithium-ion battery cell at Swedish gigafactory

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Northvolt has assembled the first battery cell at the newly commissioned Ett gigafactory in northern Sweden. The cell is the first to have been fully designed, developed and assembled at a gigafactory by a homegrown European battery company.

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Swedish Governments Fouriertransform Investing in Powercell Sweden AB

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The Swedish government’s venture capital company for the automotive industry, Fouriertransform, is investing SEK 60 million (US$8.5 million) in Powercell Sweden AB, which develops, produces and sells fuel cells, fuel reformers and auxiliary power units. money is injected directly into the company in exchange for new shares).

Sweden 199
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ELDRIVET project in Sweden targeting improved power electronics and motors

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The ELDRIVET project in Sweden is investigating new cooling and testing methods to improve the performance and lifespan of electric motors and power electronics. The project also aims at increasing the collaboration between industrial partners as well as between industry and academia. million) to finance the project.

Sweden 218
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SSAB, Oshkosh partner to be first in US to use fossil-free steel in commercial vehicles

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Later that year, Volvo Group revealed what it said was the world’s first vehicle made of fossil-free steel from SSAB, made in Volvo Construction Equipment’s facility in Braås, Sweden. Earlier post.).

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Dana TM4 to build new electrodynamics facility in Sweden

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l, Sweden that will initially produce electric motors for the mobility industry. This new operation will add to Dana’s portfolio of global electrodynamic facilities and will be the company’s largest of these facilities in Europe. Dana TM4, the joint venture between Dana Incorporated and Hydro-Que?bec,

Sweden 186
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Volvo Trucks had 42% market share of heavy-duty electric trucks in Europe in 2021

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In 2021 the company took orders, including letters of intent to buy, for more than 1,100 electric trucks worldwide. The international trucking industry is undergoing a transformation towards more sustainable transport as sales of heavy battery electric trucks are starting to pick up, with Europe in the lead. Data: IHS Markit.

Volvo 455