Earlier this month, car giant Porsche announced that it was investing $24 million in the development of e-fuels to use in its sports cars. The news followed the company’s recent release of its first-ever electric vehicle earlier this year, the Taycan. The decision to invest in e-fuels shows that at least one carmaker is not putting all its apples in the EV basket. What are e-fuels? Generally, they are synthetic fuels made from carbon dioxide and hydrogen, to be used in internal combustion engines instead of the oil-derived fuels that are…
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