Carbon-Neutral eFuels Coming, Porsche Invests $75 Million in Company

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Carbon-neutral eFuels coming, Porsche invests $75 million in company:

"Besides racing and the Porsche Experience Center, the iconic 911 is the main focus for our eFuel project," Steiner said. Porsche knows that it doesn’t matter in the big picture if you say you're eliminating carbon emissions from this model or that one; the key is to get fossil fuels out of the picture. If you can do that, and still drive a liquid-fueled car, why not make it a 911? Steiner said. Porsche wants to provide its drivers with this option wherever feasible.

Porsche’s $75 million investment is enough to give the automaker a stake in HIF of around 12.5 percent. HIF’s eFuel production method, developed with help from Siemens Energy and ExxonMobil, uses wind power to turn hydrogen and CO2 into a liquid fuel. HIF expects to start producing eFuel in Chile in the middle of this year.

"The answer is no, we do not plan to design new combustion-engine technology for a specifically designed eFuel," he said."The main reason is that . . . if you use a designed fuel, you cannot use this fuel in the existing car fleet."

 

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Porsche Leave it to Car and Denier to push the hopes and dreams but mostly hype of Big Oil and reluctant-to-abandon-fossil-fuels legacy automakers.

Porsche Greatest thing to happen to internal combustion

Porsche I hope that they can bring back NA engines

Porsche Hmmm. Driving a weed whcker. 🏎️

Porsche Old story, and this is not viable yet.

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