Volvo

Shandong Lingong (SDLG)

SDLG is a Chinese manufacturer of construction and mining equipment. IDTechEx spoke to SDLG at Battery Show Indonesia about its electric wheel loaders.

How Automotive and Other Sectors Create Green Steel Demand

The transition to green steel is being critically accelerated by offtakers, primarily from the automotive and construction sectors, whose demand is making the industry's capital-intensive decarbonization financially viable. Driven by tightening regulations and corporate net-zero commitments, these major consumers are signing binding offtake agreements that de-risk multi-billion-dollar investments for producers, effectively creating the bankability for new low-carbon facilities. According to insights from the "Green Steel 2025-2035: Technologies, Players, Markets, Forecasts" report, this demand-side revolution is creating a crucial tipping point for the market's growth, driving significant production forecasts despite persistent challenges such as supply chain fragility and the need for standardized definitions of "green steel".

Bochao Automotive Parts

Bochao is a Chinese company, manufacturing lightweight automotive composites using natural fibres such as hemp and bamboo. IDTechEx spoke with the company at JEC World 2025.