Mercedes-Benz takes stake in H2 Green Steel; to begin use of green steel in 2025
Mercedes-Benz takes stake in H2 Green Steel; to begin use of green steel in 2025 Mercedes-Benz AG is the first car manufacturer to take an equity stake in Swedish start-up H2 Green Steel (H2GS) as a way to introduce CO 2 free steel into series production. Together with its steel suppliers, the company is retooling its supply chain to focus on the prevention and reduction of CO 2 emissions rather than compensation. With an equity stake in H2 Green Steel, Mercedes-Benz is sending an important signal to accelerate change in the steel industry and increase the availability of carbon-free steel. A...