In a recent debate over e-fuels as emotional, Porsche CEO Oliver Blume said that there is no conflict between building out e-fuel production and electrification. During the press conference on Monday, he further talked, saying politics should support investments that make e-fuels cheaper.
Porsche is the strongest advocate for e-fuels as a carbon-free way of driving combustion engine cars among all German carmakers amid a debate in Europe over whether to allow new combustion engines to be powered by e-fuels after 2035. “We can adjust tax politics to make e-fuels cheaper … politics should support investments to make prices more attractive,” Blume said. “It is worth it. I know no other possibility to decarbonize combustion engine cars.”
Porsche talked about E-mobility. Said, “E-mobility is of the highest priority for us. At the same time, we continue to build modern combustion engines. 911 is more popular than ever with customers. Over the coming years, we will offer a very sporty hybrid setup for the 911, as many are familiar with from the motorsport context. These resolute climate protection steps are good. I support the German government’s open approach with regard to the technology and the coalition’s compromise to incorporate e-fuels as part of the solution. Technology bans act as a brake on innovation. Porsche is committed to a double-e path: e-mobility and e-fuels.”
Decarbonize
Among the traditional automakers, They have a very progressive electric strategy. Their ambition is for more than 80 percent of vehicles delivered to customers in 2030 to be all-electric. Their first, all-electric Taycan sports car is already a huge success. Last year, They managed to double deliveries over the strong previous year to more than 41,000 vehicles. That puts the Taycan on par with our iconic 911. They see us as a pioneer in sustainable mobility. That depends on the level of future production. If produced on an industrial scale, prices of less than $2 per liter could be possible.
The important thing is that synthetic fuels are produced sustainably and in places in the world where renewable energy is abundant, then the higher energy input for production is irrelevant. E-fuels produced from water and the carbon dioxide extracted from the air for automobiles, planes, and ships have the advantage over pure hydrogen that they can be transported more easily. Climate protection has to be seen holistically. That’s why they need to be open in terms of technology. Electromobility is an important track. At the same time, there are more than a billion existing vehicles worldwide.
