The automaker expects about one third of the steel it uses to be of the CO2-reduced variety by 2026, reducing its carbon footprint by 900,000 tonnes per year, it said.
For the US Spartanburg plant and in Mexico where BMW now makes cars in San Luis de Potosi plant, the automaker has reached a deal with Steel Dynamics and Big River Steel for the use of renewable energy in their production processes.
About half of the flat steel needs of these two plants are met through electric arc furnace (EAF) steelmaking which uses electricity to melt iron and steel scrap. That means it is possible to vastly reduce its environmental impact, compared with coal, by focusing on the source of the power supplied, BMW said.
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