5 Auto Giants Embracing Hemp For Sustainability, From Ford To BMW
By Lucía Tedesco via El Planteo
Hemp is gaining ground in the automotive industry. Interior panels and structural components are some of the parts now being made from the plant’s fibers.
Major automakers like Volkswagen (OTC:VWAGY) (OTC:VWAPY) (OTC:VLKPF), BMW (OTC:BMWYY) and Ford (NYSE:F) are actively exploring hemp use in their vehicles, driven by the need to reduce carbon emissions, improve fuel efficiency and respond to the growing demand for eco-friendly products from consumers.
A Commitment Between The Auto Industry And Hemp
Volkswagen, in collaboration with biomaterials startup Revoltech GmbH, has launched a research project to develop a leather substitute, creating a hemp-based artificial alternative. The new material, called LOVR, is vegan, oil-free, recyclable and compostable, designed to meet the company’s sustainability standards.
The …