Porsche is investing $24M into "e-fuels" as an alternative or supplement to electric cars. These fuels would be used with traditional engines but would be carbon-neutral. Their primary use would be to allow for the continued use of classic cars.
- Porsche is hoping to develop these fuels to continue producing the 911 and other cars with high-rev combustion or turbocharged engines.
- Porsche is working alongside Siemens, AME, and ENAP to develop these fuels. They plan to build an industrial-scale plant in Chile.
- 50% of all Porsches sold will have electric motors by 2025.