Mercedes-Benz to integrate sustainable aluminium in EV production – report [Yahoo! Finance]
NORSK HYDRO A S ADS (NHYDY)
NASDAQ:AMEX Investor Relations:
hydro.com/en/investor-relations
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Source: Yahoo! Finance
low-carbon aluminium into the production process, Reuters reported, citing executives. The initiative is part of the luxury automaker's broader strategy to decarbonise its operations. Invest in Gold American Hartford Gold: #1 Precious Metals Dealer in the Nation Learn More Priority Gold: Up to $15k in Free Silver + Zero Account Fees on Qualifying Purchase Learn More Thor Metals Group: Best Overall Gold IRA Learn More Powered by Money.com - Yahoo may earn commission from the links above. The aluminium, which is sourced through a collaboration with Norsk Hydro, a Norwegian metal producer, is utilised in the construction of Mercedes-Benz's new electric CLA model. Executives of both companies told the news agency that the collaboration serves as an illustration of how premium consumer goods manufacturers are prepared to incur higher costs for raw materials to achieve a greener image. Gunnar Guthenke, vice president of Mercedes-Benz' procurement and supplier quality
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News
- Norsk Hydro ASA (OTCMKTS:NHYDY) was upgraded by analysts at BNP Paribas Exane from a "neutral" rating to an "outperform" rating.MarketBeat
- Norsk Hydro ASA (OTCMKTS:NHYDY) was upgraded by analysts at BNP Paribas to an "outperform" rating.MarketBeat
- Kaiser Aluminum: Good Performance, Still A Buy After Q3 '25 [Seeking Alpha]Seeking Alpha
- How the Story Behind Norsk Hydro Is Evolving with Analyst Upgrades and Strategic Shifts [Yahoo! Finance]Yahoo! Finance
- Hydro Investor Day 2025: Strategic discipline securing long-term value creationGlobeNewswire