The company recently announced that it is taking more steps to ensure a stable supply of low carbon steel for its future products. This will help the company reach its goal of becoming carbon neutral by 2035. The company has entered into Memorandums of Understanding (MoUs) with Salzgitter Flachstahl GmbH, Tata Steel Nederland B.V., and ThyssenKrupp Steel Europe AG in order to secure this supply.
Three of Ford’s major suppliers have announced they will be boosting production of low carbon steel in the next few years. This is excellent news for Ford, as it means a considerable decrease in the company’s CO2 footprint. The first application of this new steel will be on Ford’s all-electric, medium-sized crossover vehicle, set to come out in 2023.
“Our customers, like us, want to take care of our planet, and we are taking the necessary steps on this journey, providing the vehicles they need to make a positive contribution against climate change, produced in a more sustainable way,” said Sue Slaughter, purchasing director, supply chain sustainability, Ford Motor Company. “Improvements within our supply chain are key, and with the use of carbon neutral steel we will take a major step towards lowering the CO2 footprint of our vehicles.”
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