Gothenburg, 25 March 2024: SKF has decided to join and co-fund Mission 0 to contribute to the development of groundbreaking technologies and deliver solutions to eliminate greenhouse gas (GHG) emissions in materials, production and end-of-life of passenger cars. In an initial pilot project, SKF will collaborate with academia and industry experts in a research arena to solve GHG emissions in materials and processes that require new knowledge or disruptive technologies.

"In this deciding decade, we need to take the right decisive actions. At SKF, we are committed to sustainability, and we know that innovation is key to succeed. By innovating and collaborating with leading companies and partners, we can achieve more. This is made possible in Mission 0 where we expect new ideas to emerge, new connections to be made, and that we together can create results that might remain unattainable if we act alone. SKF can contribute in many ways, for example in the areas of sustainable materials and lubrication," says Annika Ölme, CTO and Senior Vice President, Technology Development.

As part of this research and innovation project, a Mission 0 House has been established in Gothenburg, Sweden. This collaborative space brings together researchers and engineers from product companies, material suppliers, and academia to work on concrete projects, exchange knowledge, and jointly develop groundbreaking technologies and solutions.

"The transport sector is the fastest-growing GHG emitting sector worldwide. Together, with the Mission 0 partners, we are envisioning the possibilities of discovering new ways to eliminate GHG emission in modern materials in industrial manufacturing. Decarbonization and accelerating sustainable transformation within industries are our core priorities. We are excited to be part of this important project to make a difference", says Kerstin Enochsson, President Automotive.

Mission 0 includes, except SKF, also Boliden, Borgstena, Lindholmen Science Park, Polestar, Sekab, SSAB, Stora Enso, Volvo Cars, and several universities.

Aktiebolaget SKF
      (publ)

For further information, please contact:
PRESS: Carl Bjernstam, Head of Media Relations
tel: 46 31-337 2517; mobile: 46 722-201 893; e-mail: carl.bjernstam@skf.com

SKF is a world-leading provider of innovative solutions that help industries become more competitive and sustainable. By making products lighter, more efficient, longer lasting, and repairable, we help our customers improve their rotating equipment performance and reduce their environmental impact. Our offering around the rotating shaft includes bearings, seals, lubrication management, condition monitoring, and services. Founded in 1907, SKF is represented in approximately 130 countries and has around 17,000 distributor locations worldwide. Annual sales in 2023 were SEK 103,881 million and the number of employees was 40,396. www.skf.com

® SKF is a registered trademark of the SKF Group.

https://news.cision.com/skf/r/skf-joins-new-research-and-innovation-project-aiming-to-eliminate-greenhouse-gas-emissions,c3951251

https://mb.cision.com/Main/637/3951251/2691581.pdf

https://news.cision.com/skf/i/annika-olme-0717,c3282418

https://news.cision.com/skf/i/kerstin-enochsson-2,c3282419

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