Porsche, the German automobile manufacturer, plans to put some $24 million into expansion of e-fuels, or renewable synthetic fuels. The production of the environmentally-friendly fuel, which takes the place of gasoline, will inspire other auto companies to build cars like the Porsche 911.
Michael Steiner, a Member of the Executive Board, Research and Development at Porsche, said cars like the 911 sports car, which boasts high-rev or turbine-driven engines, will be free of CO2 emission. While replacement of e-fuels helps sustain the environment, there is no need to change the current fuel system—unlike the structure used in new e-vehicles.
That said, the company will still follow its goal of selling half of its vehicles as either all-electric or hybrid models by 2025.