FX.co ★ Volkswagen Group, Thyssenkrupp Sign MoU To Supply CO2-Reduced Steel

Volkswagen AG has entered into a memorandum of understanding with Thyssenkrupp Steel to secure the future supply of low-carbon steel from Thyssenkrupp's upcoming direct reduction facility. This collaboration aims to significantly lower CO2 emissions within the supply chain, demonstrating Volkswagen's dedication to environmental sustainability. At present, Volkswagen's stock is valued at $10.26, reflecting a 0.49% increase on the OTC Markets.