General Motors is decarbonizing its business, pivoting to all-electric propulsion and renewable energy sources. Now, the automaker is decarbonizing its production operations through the adoption of Nucor’s Econiq net-zero steel.
Nucor uses recycled scrap-based electric arc furnace technology at every one of its two dozen U.S. steel mills, thus enabling the company to operate at 70 percent below the current steel industry greenhouse gas intensity. The company’s new Econiq steel will extend the greenhouse gas reductions by utilizing 100 percent renewable energy and high-quality carbon offsets to neutralize remaining production emissions.
Now, General Motors will be the first customer to utilize the Nucor Econiq net-zero steel in future GM vehicles.
“We commend Nucor for their commitment to net-zero carbon steel solutions and look forward to working with them to utilize their innovative Econiq steel in our vehicles,” said GM’s vice president of Global Purchasing and Supply Chain, Shilpan Amin. “It brings GM one step closer to its vision of a zero emissions future. General Motors is excited to be Nucor’s first customer for Econiq as we work to integrate sustainability into all aspects of our supply chain.”
General Motors will receive its first shipment of Econiq net-zero steel next year. It’s projected that all steel purchased by GM from Nucor will be carbon neutral by the end of 2022.
As GM Authority covered previously, General Motors is on track to reduce its carbon output in the U.S. by sourcing 100 percent of the electricity used in its U.S. operations from renewable sources by 2025. That timeframe is a full five years earlier than was originally announced, and 25 years ahead of the initial target set in 2016.
Additionally, General Motors is seeking to achieve carbon neutrality in its global products and operations by 2040, as well as eliminating tailpipe emissions from new light-duty vehicles as early as 2035.