Carmakers take aim at hitting country's dual carbon goals

Image Source: https://www.chinadaily.com.cn/

Carmakers take aim at hitting country's dual carbon goals

Carmakers take aim at hitting country's dual carbon goals

Source: https://www.chinadaily.com.cn/a/202211/28/WS638416d3a31057c47eba1646.html

Author: LI FUSHENG

International and local carmakers in China are revving up efforts to cut carbon emissions to achieve China's goals of peaking carbon emissions before 2030 and reaching carbon neutrality before 2060. Mercedes-Benz's joint venture in China, Beijing Benz Automotive Company, signed a memorandum last week with Chinese steelmaker Baosteel to introduce low-carbon steel products into its cars. "In line with BAIC Group's Blue Plan and Mercedes-Benz's Ambition 2039, BBAC intends to be carbon dioxide-neutral across the supply chain by 2039," the carmaker said. The memorandum said BBAC will start using low-carbon steel from 2023. Thanks to Baosteel's cutting-edge technology, steel products the carmaker uses will see a carbon reduction of between 50-80 percent from 2026. It also plans to use "green steel" whose carbon dioxide emissions are cut by 95 percent. The "green steel" is expected to be produced in a hydrogen-based electric arc furnace, which would help BMW reduce carbon dioxide emissions in its supply chain by more than 230,000 metric tons per year, the carmaker said.