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 currently in the sights of environmentalists, regulators, and governments as the they attempt to reduce emissions. E-fuels are called e-fuels because they are made using electricity to produce the hydrogen that is then mixed with the carbon dioxide to make the fuel. Naturally, this electricity needs to be green, generated by wind, solar, or hydro. And this is […]