Porsche Invests Millions in Developing Synthetic Fuel to Green Up ICE Vehicles

April 5, 2021 14:22:39

With several governments around the world looking to replace conventional vehicles with electric cars (“EVs”), it looks like one day internal combustion engine vehicles will become obsolete. Not only have authorities set targets for the electrification of their roads, but some have also levied fines on automakers whose vehicles produce carbon emissions. For all intents and purposes, it seemed as if the gas-powered vehicles millions of consumers had purchased over the years would be unusable a decade or two down the line.

However, thanks to a synthetic green fuel being developed by Porsche, drivers may be able to use their gas-powered vehicles without contributing to the world’s carbon emissions. The German automaker has announced that it is investing more than $28 million to fund the development of a synthetic fuel that would make older, gasoline-powered vehicles greener. This new eFuel will keep older vehicle…

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